Former core developer at Ethereum: I have significantly reduced my ETH holdings over the past 1–2 years, and the assets I’ve shifted into have far outperformed ETH.
Svmuu News: Former Ethereum core developer Eric Connor replied on X to Bankless founder David Hoffman's post about liquidating ETH, stating: "I understand David. After all, ETH has indeed severely underperformed relative to the entire crypto market for years... As I mentioned before, I myself have also significantly reduced my ETH holdings over the past 1-2 years. In terms of results, all the assets I rotated into have vastly outperformed ETH. Frankly, I don't even think ETH's weak performance is necessarily related to some 'fundamental flaw'. I feel many people overlook this: ETH's early rally was simply too explosive. In such a short period, it created an enormous number of millionaires, and the market needs a very long time to absorb the continuous selling pressure from this group of people. Ultimately, in portfolio management, practicing 'maximalism' on a single asset is quite foolish. The market doesn't lie; there's no need to trade against it."
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Aethir (ATH) Token Value Analysis: Decentralized Cloud Computing Project Potential and Risk Assessment
-
2
NOAH Coin Analysis: Distinguishing Between Controversial Projects and Active Payment Infrastructure
-
3
RIKEN Coin Value Analysis: Numerous Projects Share the Same Name, What's Its Investment Potential?
-
4
FXBK Coin Analysis: What Is It? Is It Worth Investing In?
-
5
Beginner's Guide to Bitcoin Trading: A Comprehensive Analysis of Security Risks and Prevention Strategies
-
6
Bitcoin rises above $77,000, bucking tech selloff driven by AI safety concerns and rising oil prices
-
7
Taiwan to open second quasi-diplomatic mission in the Philippines, sources say
-
8
Cosco Shipping Heavy Industry Completes China IPO Guidance Registration
-
9
Samsung Display develops world's first 6.9-inch mobile OLED panel with 2K resolution, 165Hz refresh rate, and 30% lower power consumption
-
10
ATPAD (AtomPad) Project Status Analysis: An Inactive Cryptocurrency
Markets Today
Recommended Reading








