Prominent trader Pentoshi (@Pentosh1) offered a brief but pointed reaction, highlighting how ETH has underperformed relative to Bitcoin (BTC) over the past three years: "3 year shake out so far.Hope you’re right.” The question of why whales would single out Ether in particular was raised by community member EVMaverick392.eth (@EVMaverick392): "Maybe I’ll sound naive, but why do whales perform this maneuver exclusively on ether? ” Lubin responded by drawing a parallel to conventional bank robberies and suggesting that the recent wave of unease surrounding the Ethereum ecosystem has made the asset a prime target: "Why do bank robbers rob banks— or used to?
The turbulence led one observer, identified simply as "intern” (@intern), the director of growth at Monad, to post a stark sentiment on X: "ETH is dying right in front of us.honestly never thought this would happen.” In response, Ethereum co-founder and ConsenSys CEO Joseph Lubin offered a composed outlook, underscoring that these types of price swings are not unusual for the digital asset: "It happens regularly.Then it surges.
What we are seeing is whales taking advantage of economic turmoil and negative sentiment to shake out weak hands, run stops, and then buy back when they can run that same playbook in reverse.” Lubin’s statement presents a cyclical understanding of crypto volatility, implying that larger players capitalize on market anxiety—often exacerbated by macro developments—to pressure less resilient investors into selling.
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