Ethereum Foundation Releases First Report, Reveals Treasury Holdings.
Ethereum Foundation: Critics pointed out in the past that the non-profit has been successfully timing the market, to cash out Ethereum peaks.
Well, firstly, strikes me as fairly obvious, but also, if this were not crypto then there would be insider trading rules.
Anyway, I wanted to make a different point. Everything is manipulated. Isn't that part of a free market: the freedom to manipulate? Now, if you suspect that a particular asset price is being manipulated in a certain way, and you are pretty sure of how it is being manipulated, then isn't it easy to just follow in the price slipstream and profit from it?
If you understand the manipulation, then that's another piece of information to help you trade.
I was also interested in what their non-crypto assets are; the report is unenlightening on this.
I think the manipulation with the price happen all the time in the market. Especially in crypto one. I see how the positive waves of information are created when the price is up and the negative info are everywhere when the price is down. I guess there are traders investing in the news, just like they invest in crypto.
Ethereum to the moon...
hand-jobs all round ;-)
predict and prosper.
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