Replying to Avatar BottleTeams

ETH is 1/3rd the bitcoin market cap. Is there actually that many people out there that have that much money in ETH?

The answer is no.

So why is it worth $350B and who would have an incentive to keep it around and for what purpose? What could it be used for? 🤨

There are not enough people in this space thinking about these things. They are critical details. #Bitcoin
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21seasons 1y ago

As far as I understand there's still no way to unstake ETH so many people can't sell even if they wanted to.

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BottleTeams 1y ago

Yeah that money is long long gone. Their ETH was sold into the market to stop a BTC rally long ago.

There are no Tradfi rules in this game.