Tom Lee, co-founder of Fundstrat and chairman of BitMine, noted that institutional investors often exit the crypto market during the year-end holiday season. Writing on the X platform, Lee explained that this period sees algorithmic and bot trading programs dominate, alongside tax-avoidance sell-offs, affecting market dynamics in late December. BitMine recently announced the acquisition of 44,463 ETH, with Lee emphasizing that market activity typically slows during the holidays, impacting cryptocurrency and related stock prices. BitMine has also pledged 118,944 ETH and increased its holdings by 32,938 ETH as part of its adjusted market strategy.