2min chapter

Bankless cover image

150 - Bull Case for Ethereum IV with Justin Drake, DCinvestor, & Anthony Sassano

Bankless

CHAPTER

Is There a Risk to Reward Ratio of $1,000 Into Ether?

DC: One of the structural factors that we have seen over the past probably year at least with the FTX collapse, part of what happened there was Sam Bankman, Freed and Company were selling their consumer deposits of Ether and Bitcoin. That seller is gone. We don't have miners selling anymore, right? We are going to have an unlock of staking deposits, but even that will be a one time event. So a lot of structural selling that was in the market before has just evaporated.

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