ETH - What are the whales up to?

>>2259235
Problem with ETH is that even at hardcore level mining whales will be whales for the next 50 years.

Once I noticed the stagnation I converted all my ETH back into BTC and traded for altcoins

So far I'm making bank with that decision

>>2259235
I think the current ETH valuation is a scam to accumulate BTC.

>>2259235
>why are they dumping

to get out of a coin before it crashes you fucking retard holy shit

>>2259316
>>2259288
Only newfags don't realize that ETH plays this stagnation and dip game every month or so for a few weeks before it literally doubles in price and then goes quiet again.

>>2259316
So whales don't sell it for ÜSD but btcs? BTC will be risky af in the post august when the it could split into two. couple thousands? sure. couple billions? not worth the risk.

>>2259235

Slow and gradual dump all day today.

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>>2259316
I favor the pump theory. For these reasons:
1. I still hold 1/2 my ETHs
2. BTC and XRP have to stop mooning some time, probably with a dip, big opportunity for ETH
3. Why would whales kill a coin they can play like a fiddle

>>2259326
This

Look at the chart. It reaches a new stable ATH, slowly drops for a while, then doubles all of a sudden

It will probably stop doubling in this way but instead go towards +50% jumps, this is fine with me though

As long as it beats S&P500 we should be happy, don't expect lambo moon meme gains.

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>>2259415
>being this delusional