#ETH
ETH reserves this wave are amazing!
SharpLink directly gambled $400 million on 120,000 ETH, clearly telling the market: ETH is the new government bond. Institutions are afraid to buy directly? No problem, just buy my stocks, and the staking rewards will be distributed as dividends, while the stock price can still enjoy a premium. This wave of 'compliant whales' play is even more audacious than MicroStrategy back in the day.
The most ruthless move is locking liquidity— the ETH purchased by the company is all staked, and the circulating supply in the market is decreasing. By the time traditional capital reacts, ETH will have already been divided up by institutions, and at that time, the price? Those who understand, understand.
Are the shorts still being stubborn? Just look at the balance sheets of those listed companies; in the future, there will only be two types of companies: those hoarding ETH and those acquired by Web3. This game is stable.
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