According to Foresight News, Ethereum co-founder Vitalik Buterin recently expressed concerns about the potential risks of excessive leverage in the market, despite the expansion of channels for investors to acquire ETH by the Ethereum Treasury Company. Vitalik warned that improper handling could lead to a 'game of excessive leverage.'
However, the market appears to be largely ignoring Vitalik's warnings. The holdings of three major ETH micro-strategies have surpassed those of the Ethereum Foundation, with many investors focusing on figures like Tom Lee instead.
Vitalik's concerns are primarily centered on the risks associated with leverage. In contrast, the Ethereum Foundation continues to sell ETH, which could pose a greater risk to the market. Companies such as SBET and BitMine, listed on the U.S. stock market, are accumulating ETH through leverage. It seems that market participants are more interested in increasing their ETH holdings to achieve returns rather than worrying about the potential risks of leverage.
