The Collapse of the Smart Money Narrative: Deconstructing the Machi Ethereum Losses and the Media's Profit Fiction
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Greed
Market Sentiment
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Block reward halving event
Team and early investor shares released
Improves data availability sampling efficiency
92 million ARB released
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$76,647.4 |
| 1 |
Ethereum
ETH
|
$2,372.37 |
| 1 |
Solana
SOL
|
$98.87 |
| 1 |
BNB Chain
BNB
|
$683.5 |
| 1 |
XRP Ledger
XRP
|
$1.33 |
| 1 |
Dogecoin
DOGE
|
$0.0808 |
| 1 |
Cardano
ADA
|
$0.1947 |
| 1 |
Avalanche
AVAX
|
$7.12 |
| 1 |
Polkadot
DOT
|
$0.8532 |
| 1 |
Chainlink
LINK
|
$11.04 |