EOS has a mountain of ETH in their wallets. With “only” 160k ETH dumped yesterday, the price of Ethereum went down with 10% and more. EOS still holds at least 1.25 million ETH that needs to be sold in the public market. Do we have a second Mt.Gox situation here? Is it dangerous? How likely is it that EOS will dump it all? Explained in this video.
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