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by rlpb 1468 days ago
This is why I'm not convinced "crypto whales" exist. If they really hold that much with no strings, why haven't they sold and retired to live a life of luxury by now? Do they plan to hold out to the grave? What good will that do them?

I can believe some people might have substantial holdings but I bet they also have substantial liabilities such that their net holdings disqualify them as "whales".

1 comments

Because they sold half, or ⅓, and still do what you described...while still holding 100+ ETH.