This is not looking good for ETH as much as I hate to say it. Many ETH treasury companies now trade below their mNAV. Unless this changes, they'll no longer be able to buy ETH and may even have to sell it at some point. We need more buying pressure.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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