A social media post claims that David Hoffman sold all of ETH and then allocated funds to five tokens, outperforming ETH。
Article
If we were to take stock of the prophets of this market cycle, Bankless co-founder David Hoffman (@TrustlessState) would definitely be one of them 💁♀️May Fully sold $ETH,June Built positions in $VVV / $NEAR / $ZEC / $HYPE / $LIT— the five major tokens he currently holds have all significantly outperformed ETH, with his largest holding LIT gaining as much as 293%, with the specific cost basis as follows
▶︎ $NEAR: Cost basis $1.4, current gain 223%
▶︎ $ZEC: https://t.co/35oLvInxW0
Key points
01
The post said that Bankless co-founder David Hoffman, in May fully sold ETH。
02
The post claims that David Hoffman, in June built positions in VVV、NEAR、ZEC、HYPE and LIT。
03
The post claims that the five largest tokens he currently holds have all significantly outperformed ETH。
04
The post claims that LIT rose by 293%。
05
The post lists NEAR with a cost of 1.4, and a current gain of 223%。
06
The ZEC information in the evidence is shown only as a link, and the content is not presented in full.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Liquidate” means selling the original holdings; “establish a position” means beginning to buy. “Outperform ETH” means the post claims that these tokens gained more than ETH。
Why it matters to readers
This post focuses on changes in personal holdings and the tokens’ relative gains, but the evidence is insufficient to confirm the authenticity of the transactions and returns.
Can be used to understand common market expressions such as fully exiting a position, opening a position, and relative gains.
Risks and unknowns
The post content is truncated,ZEC and the complete costs and gains of other tokens are unclear.
The evidence does not provide independently verifiable trading records or proof of holdings.
The statistical period and comparison basis for the gains are not specified.
Related Developments
Loading event timeline…
Related concepts
liquidation
The process by which a leveraged position is forcibly closed due to insufficient margin requirements or other reasons.