When idols start cashing out, the market truly matures.

In the early days of crypto, it relied on spiritual leaders. Today’s Ethereum is more like a global infrastructure company. The holdings of founders and consortia are no longer the guiding anchor.

From a cyclical perspective, large holders often reduce their positions during price recovery phases. The reason is simple: liquidity returns, and chips can be smoothly cashed out.
This isn’t called “dumping,” it’s called “liquidity testing.”

Interestingly, every time a celebrity sells coins, social media will see the words “faith crisis.” But true faith has never been about never selling; it’s about the ecosystem still functioning after selling is done.

If a network collapses without its founder, that’s the real risk.
When idols achieve financial freedom, yet the chain continues to expand, it actually indicates system maturity. #深度创作营