Researcher Ignas stated that Hoffman reallocated after liquidating ETH to LIT and others

DeFi researcher Ignas posted on X that Bankless founder David Hoffman sold his ETH and reallocated to several coins with the largest gains, such as LIT and ZEC, with NEAR also performing well, while only VVV underperformed the market. Although the market was filled with panic at that time, and it was very close to the bottom of ETH, the goal of aggressive crypto investors has always been to outperform BTC and ETH.

Previously, it was reported that Bankless co-founder David Hoffman announced in June this year that he had liquidated his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.