Tom Lee has already staked 1,080,512 $ETH

By doing so, Lee is clearly signaling to the market that he’s not “weak hands.” Beyond that, he’s offering creditors additional yield from staking rewards - essentially buying time while waiting for his next bullish crypto forecast to play out.

However, not everyone is convinced.

Veteran trader Peter Brandt warns that you should never fully trust someone who is hostage to their own position. When your credibility depends on the market going up, objectivity tends to disappear.

A classic clash of conviction vs. incentives.