10 minutes ago, the Ethereum Foundation sold another 100 Ethereums. I plan to give up ETH
How should I put it? I won’t joke about Vitalik’s love affair here. In fact, he didn’t sell much, but the continuous selling has a very bad impact on market sentiment.
Taking a step back, ETH’s performance in this bull market is far behind Bitcoin. It has been weak throughout the bull market.
Another more important reason is that there are still $4.51 billion of ETH in Grayscale’s trust fund waiting to be sold.
So I think it would be better to redirect the funds bet on ETH to BTC, BNB or other high-quality copycat projects and MEME sectors
