🔍 8 ethereum foundation leaders gone in 2026. 5 in may.
consensus take: eth is dying, the insiders know it.
real picture: institutions don't bleed talent for no reason, but they also don't lose talent and get stronger.
eth is down vs btc all month. eth/btc slid from 0.031 to 0.027. that's not a media story

ETH
1,731.44
+0.08%
that's positioning.
someone just proposed a $1b new institution to "protect eth's competitive price." read that again.
when the solution to a market problem is a new org with a billion dollars, that's not conviction. that's damage control.
the narrative isn't dead. but it's not your entry catalyst either.