Mike Dudas
These are fascinating quotes from @fundstrat and obviously also relevant to other L1 DAT incentiv...
231 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The post highlights that owning 5% of Ethereum's supply, similar to MicroStrategy's goal with Bitcoin, grants significant influence over network upgrades and the DeFi ecosystem. This "power law" effect could position large holders as "kingmakers," guiding the development of protocols and attracting institutional investment from Wall Street. Investors should monitor large-scale ETH accumulation as a potential indicator of future network direction and DeFi protocol selection.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol