ETHZilla Corp (ETHZ) shares faced intense pressure in pre-market trading this Wednesday following news that billionaire investor Peter Thiel and his venture firm, Founders Fund, have completely liquidated their position. The Thiel exodus: Founders Fund liquidates stake in ETHZilla The…
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Editor’s Analysis
ETHZilla struggles to find footing as Peter Thiel’s Founders Fund exits continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit Map: Ann Maria Shibu
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