Tom Lee Urges People to Buy the Dip as His $11.53 Billion Ethereum Treasury Faces Pressure

In a recent X post, popular crypto analyst Tom Lee urged his followers to "buy the dip" using an almost legendary acronym for the cry. His post came in response to data showing record inflows into U.S. equity ETFs. According to Bloomberg’s Eric Balchunas, investors poured more than $47 billion into top equity funds in just one week, or nearly $10 billion per trading day.