The major benefaciary of the Ethereum DAT bubble was the Ethereum Foundation. It was able to dump... | Beanie

The major benefaciary of the Ethereum DAT bubble was the Ethereum Foundation. It was able to dump...

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The Ethereum Foundation significantly benefited from the Ethereum DAT bubble, offloading hundreds of millions in ETH, often directly to DAT companies via OTC deals. They still hold over 6 million ETH to sell, indicating potential future selling pressure on the asset. Investors should be aware of this large overhang.

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Beanie

By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.