The Ethereum Foundation has once again taken advantage of the market, cashing out a whopping $510 million all at once! This organization has pulled off several "miraculous operations" in its history, almost like it has opened a heavenly eye:
During the most frenzied times of the 2017 bull market, they took advantage of ETH soaring to $1400 and sold off aggressively, resulting in a direct market crash; in May 2021, it was even worse, as ETH peaked at $4000, they dumped over 30,000 coins, causing chaos in the market.
Although what they did isn't illegal, it's just too ugly to watch—what happened to the non-profit organization they claimed to be? How is this any different from a stock market operator dumping shares at high prices?
What’s most disgusting is that they operate under the banner of "decentralization" while engaging in practices even more unscrupulous than centralized institutions. Each time they accurately crash the market from the top, leading everyone to shudder at the thought of the foundation selling coins.
To be honest, this kind of play where they act as both referee and athlete will make no one dare to hold ETH long-term. The current price stability is uncertain, especially since even their own "father" is leading the way in fleeing; this operation is truly hard to swallow.
Although the overall market is slightly sluggish now, it will come back, so just wait for the correction opportunity. When that time comes, I will lead everyone to aim for the lucrative opportunities in altcoins to bottom fish and it will definitely be no problem to double our investments. Like and comment, and let’s seize this major opportunity in the current bull market together.
#ETH #以太坊ETF批准预期
During the most frenzied times of the 2017 bull market, they took advantage of ETH soaring to $1400 and sold off aggressively, resulting in a direct market crash; in May 2021, it was even worse, as ETH peaked at $4000, they dumped over 30,000 coins, causing chaos in the market.
Although what they did isn't illegal, it's just too ugly to watch—what happened to the non-profit organization they claimed to be? How is this any different from a stock market operator dumping shares at high prices?
What’s most disgusting is that they operate under the banner of "decentralization" while engaging in practices even more unscrupulous than centralized institutions. Each time they accurately crash the market from the top, leading everyone to shudder at the thought of the foundation selling coins.
To be honest, this kind of play where they act as both referee and athlete will make no one dare to hold ETH long-term. The current price stability is uncertain, especially since even their own "father" is leading the way in fleeing; this operation is truly hard to swallow.
Although the overall market is slightly sluggish now, it will come back, so just wait for the correction opportunity. When that time comes, I will lead everyone to aim for the lucrative opportunities in altcoins to bottom fish and it will definitely be no problem to double our investments. Like and comment, and let’s seize this major opportunity in the current bull market together.
#ETH #以太坊ETF批准预期
