"1011 Insider Whale" Agent: ETH is an optimizer for corporate balance sheets in a long cycle.

According to Odaily Odaily, Garrett Jin, an agent of "1011 Insider Whale," stated on the X platform that for businesses, buying ETH at $3,000 and pledging it with a fixed annualized yield of 3% would yield a 9% annualized USD pledging return if the price rises to $9,000. Even if the price falls (unlikely), the long-term pledging returns can offset fiat currency losses. For institutions and businesses (such as Bitmine), ETH is a balance sheet optimizer in the long run; its high growth and technological characteristics allow its valuation to race against time, much like AI stocks with high P/E ratios today.