BlockBeats news, December 24, agent Garrett Jin of the 'BTC OG insider whale' stated that going long on Nasdaq and shorting Coinbase has always been an effective strategy. This divergence indicates that the U.S. stock market is migrating to the blockchain, which is favorable for Nasdaq but bearish for participants like Citadel and Robinhood that rely on high-frequency trading, as profits are being redistributed.
Of course, this trend is extremely favorable for Ethereum (ETH). Charlie Munger once said, 'When people are fearful, wisdom is often evenly distributed, what really determines the outcome is courage and patience.'
