🚨😳 ONE OF THE BIGGEST ETHEREUM BULLS JUST SOLD ALL HIS ETH 💥
The crypto market was caught off guard when David Hoffman, co-founder of Bankless and a long-time advocate for Ethereum, revealed he has liquidated his entire ETH position.
👀 This move raised eyebrows because Hoffman has spent years championing the thesis:
💡 "ETH is money"
👉 one of the strongest narratives in Ethereum's history.
🧠 But what changed?
According to Hoffman:
⚠️ he believes Ethereum has reached the valuation it deserved
⚠️ and sees no further room for a structural "re-rating" of ETH as an asset.
🚨 IMPORTANT:
❌ He did NOT say he is bearish on Ethereum.
In fact, Hoffman expressed continued optimism about:
⚡ apps
⚡ Layer 2
⚡ stablecoins
⚡ the Ethereum ecosystem
👉 but he thinks not all of this growth will necessarily be reflected in ETH's price.
📉 The news has completely split the community.
While some saw:
⚠️ a sign of weakness in ETH,
others interpreted it as:
💥 a possible market capitulation
💥 and even a potential bottom for Ethereum.
👀 Another important detail:
Ryan Sean Adams, co-founder of Bankless, called this moment:
🧠 "the end of an era"
indicating significant internal changes within the Bankless project.
📌 Source: BitNotícias / Cointelegraph / crypto.news
#Ethereum #ETH #Bitcoin #Crypto #CryptoNews
The crypto market was caught off guard when David Hoffman, co-founder of Bankless and a long-time advocate for Ethereum, revealed he has liquidated his entire ETH position.
👀 This move raised eyebrows because Hoffman has spent years championing the thesis:
💡 "ETH is money"
👉 one of the strongest narratives in Ethereum's history.
🧠 But what changed?
According to Hoffman:
⚠️ he believes Ethereum has reached the valuation it deserved
⚠️ and sees no further room for a structural "re-rating" of ETH as an asset.
🚨 IMPORTANT:
❌ He did NOT say he is bearish on Ethereum.
In fact, Hoffman expressed continued optimism about:
⚡ apps
⚡ Layer 2
⚡ stablecoins
⚡ the Ethereum ecosystem
👉 but he thinks not all of this growth will necessarily be reflected in ETH's price.
📉 The news has completely split the community.
While some saw:
⚠️ a sign of weakness in ETH,
others interpreted it as:
💥 a possible market capitulation
💥 and even a potential bottom for Ethereum.
👀 Another important detail:
Ryan Sean Adams, co-founder of Bankless, called this moment:
🧠 "the end of an era"
indicating significant internal changes within the Bankless project.
📌 Source: BitNotícias / Cointelegraph / crypto.news
#Ethereum #ETH #Bitcoin #Crypto #CryptoNews