FUD of $ETH STAKE mechanism coming from JPMORGAN:
On October 5, JPMorgan released a report and expressed concern about the Ethereum network being too centralized.
Reward stake $ETH decreased from 7.3% before Shanghai Upgrade to now 5.5%, not as attractive as traditional financial assets.
But according to Santiment, the amount of $ETH on CEX is still quite low at 10.66M tokens, the lowest since mid-2018 until now! Therefore, low liquidity is easy to manipulate prices!
MM is spreading negative news again, making everyone tremble!
I see an opportunity to buy cheap DC coming soon.
Take care, Ace!#BTC#INJ#OP#ARB #link