Why Bankless Co-Founder Sold His Entire Ethereum Portfolio

May 27, 2026 - 08:45
Why Bankless Co-Founder Sold His Entire Ethereum Portfolio
Bankless co-founder David Hoffman said he sold his ETH because he no longer believes Ethereum’s success will fully translate into higher ETH prices. Hoffman, one of Ethereum’s most visible media advocates, said the “ETH is money” thesis did not collapse. Instead, he argued that it already played out. “The ETH is Money thesis didn’t fail…...

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