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Emergency evacuation! Andrew Kang just issued a 'slaughter order': is the drop of ETH to 3000 dollars just the beginning? I found a more terrifying signal...
I just came across a major news: institutional heavyweight Andrew Kang (partner at institutional capital) is frantically buying ETH bearish options for the short term!
A contract is only 15 dollars, and if ETH drops to 3000 dollars, he can earn 400-1000 dollars—this is simply a big gamble!
Why is this not simple?
Andrew Kang is not an ordinary retail investor; he is backed by institutional capital and has accurately timed several market crashes before. This time he publicly challenged Tom Lee (a veteran Wall Street analyst), saying "Ethereum is Luna 2.0," and listed five solid reasons.
Translated into plain language: stablecoins and RWA simply do not drive ETH; "digital oil" is a misguided metaphor; institutions staking ETH is a fantasy. He believes ETH is going to crash, and the logic is very solid.
A contract is only 15 dollars, and if ETH drops to 3000 dollars, he can earn 400-1000 dollars—this is simply a big gamble!
Why is this not simple?
Andrew Kang is not an ordinary retail investor; he is backed by institutional capital and has accurately timed several market crashes before. This time he publicly challenged Tom Lee (a veteran Wall Street analyst), saying "Ethereum is Luna 2.0," and listed five solid reasons.
Translated into plain language: stablecoins and RWA simply do not drive ETH; "digital oil" is a misguided metaphor; institutions staking ETH is a fantasy. He believes ETH is going to crash, and the logic is very solid.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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