Highlight Clip: Tom Lee: ETH Could Be Much Higher Than $10,000 in the Next 12 Months

Tom Lee: ETH Could Be Much Higher Than $10,000 in the Next 12 Months

At Korea Blockchain Week on September 30, 2026, BitMine Chairman Tom Lee told CoinDesk he was unsure whether ETH would reach the $10,000 year-end target projected by Arthur Hayes, but said it could trade well above that level within the next 12 months. Lee called Hayes’ outlook conservative. He also used a hypothetical 25-fold rise in ETH to illustrate potential returns for BitMine shareholders; he did not present it as a specific price target. WuBlockchain notes that Tom Lee’s market forecasts are often optimistic, and his bullish price targets may not materialize. Actual market movements can differ substantially from his projections. During last year’s KBW, he predicted ETH would reach $10,000–$12,000; the crypto market subsequently suffered the “October 10 flash crash.” — link