🤖AI Summary
Ripple CTO Emeritus David Schwartz revealed he sold a massive 40,000 ETH position during Ethereum's early days, feeling like a genius at the time. The disclosure highlights early crypto adoption and investment decisions made by prominent industry figures when ETH was still in its nascent stages.
Key Takeaways
- →David Schwartz, Ripple's CTO Emeritus, sold 40,000 ETH when Ethereum was still in its early development phase
- →Schwartz felt like a genius after the sale, suggesting it was considered a profitable move at the time
- →The revelation provides insight into early crypto investment decisions by industry veterans
- →The disclosure highlights how even crypto experts made significant trading decisions during Ethereum's nascency
- →The story demonstrates the volatility and uncertainty that existed around Ethereum's early valuation
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