The Ethereum Foundation is the 'True Master of Exiting at the Top'! Selling ETH 32 times in the past year, 15 times at high points... Trump also trapped 5 million dollars.
The U.S. Federal Reserve announced a rate cut of 0.25% on the 19th of this week, and also expects to slow down the pace of rate cuts next year, leading to a severe crash in the cryptocurrency market over the past two days. Bitcoin dropped to a low of 92,268 US dollars yesterday (20th), with a daily decline of as much as 6.78%; Ethereum fell even more, down 10.4%, with a low spike to 3,100 US dollars, almost completely erasing nearly a month of gains.
The Ethereum Foundation is truly a master of exiting at the top.
It is worth mentioning that after experiencing further market declines yesterday, the on-chain data monitoring team Lookonchain pointed out on Twitter that since the Ethereum Foundation sold 100 ETH on December 17, the price of ETH has fallen by 17% to date, marking another successful exit by the Ethereum Foundation.
