CoinMeta data: Co-founder Fundstrat, Tom Lee, warns that a 6% plunge in the South Korean stock market could put pressure on Ethereum to see sell-offs. With Ethereum ETF outflows reaching $85.4 million, Bitmine's holdings are close to 5%. Lee points out that the sharp decline in the South Korean stock market could force investors to sell other assets, including cryptocurrencies, in order to raise cash. Despite the short-term risks, Lee remains optimistic about Ethereum's long-term prospects.