Degen

The Ethereum Foundation (EF) is a non-profit that supports Ethereum. Learn more at ethereum.foundation.

I sorta feel like this needs to be said

As much as I too enjoy ragging on @ethereumfndn, their sells do not contribute to any actual sell pressure, or to the performance of ethbtc

Ethereum has a market cap in the hundreds of billions, and is very liquid.

Selling 200 eth monthly has no effect on the price.

e/acc || Building @ /nova || Catgirl maxi @ /imgnai || Dogecoin core dev 2013/14

It was the same with Moxie emissions tbh.

Wanna be the very best. Creator of @moxiescout /miw. ゼニゼニ

Or rather, it's not that the selling actually creates much sell pressure, but that people believe it does.