BitMine chairman Tom Lee said at Korea Blockchain Week 2026 that he is unsure whether Ether can reach Arthur Hayes’ year-end target of $10,000, but he believes the asset could trade well above that level within the next 12 months. Speaking to CoinDesk, Lee described Hayes’ outlook as conservative and used a hypothetical 25x rise in Ether to illustrate the potential upside for BitMine shareholders, while stopping short of presenting that scenario as a formal price target. WuBlockchain noted that Lee’s market calls have often leaned bullish and said his latest target may not be realized, with actual market performance potentially diverging sharply from his forecast. WuBlockchain also pointed to Lee’s appearance at last year’s Korea Blockchain Week, where he said Ether could reach $10,000 to $12,000 before the crypto market was hit by the “Oct. 10 flash crash.”
BitMine chairman Tom Lee said at Korea Blockchain Week 2026 that he is not sure whether Ether can reach Arthur Hayes’ year-end target of $10,000, but he thinks the token could trade well above that level over the next 12 months, according to CoinDesk.
Lee called Hayes’ view conservative
Lee said Hayes’ outlook was conservative. He used a hypothetical 25x gain in Ether to show the potential return for BitMine shareholders, but did not present that example as a specific price target.
WuBlockchain pointed to Lee’s track record
WuBlockchain said Lee’s market forecasts are usually optimistic, and that his bullish target may not materialize. The account added that actual market moves could differ sharply from his projection.
WuBlockchain also noted that at last year’s Korea Blockchain Week, Lee had predicted Ether would reach $10,000 to $12,000. The crypto market later went through the “Oct. 10 flash crash.”
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