Story co-founder Jason Zhao suddenly announced his resignation from full-time work to become a strategic advisor. This internal change in the project came a bit unexpectedly.
I think this might be the Story team's way of adjusting their strategy to respond more flexibly to market fluctuations, as co-founders leaving crypto projects often signals a major reshuffle.
However, combined with today's news of Bitmine significantly increasing its ETH holdings, this could be a signal that industry leaders are positioning themselves at lower levels, with ETH treasury companies holding over 3% of the circulating supply.
In the long run, such changes will stimulate more funds to flow into stable assets, and ETH may rebound to $5000. I suggest everyone keep a close eye on similar dynamics and not miss the next pump opportunity.