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RE: Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally
Blockchain isnt a stock which is the mistake people try to make.
There is no reason for crypto to behave like any other asset....it is a technology and nothing changed since Lee sold.
It isnt as if there is insider trading and Lee knows they are going to have a bad quarter.
Something changed in my opinion: Bitcoin now clearly shows that it's broken:
https://blockchain.info/unconfirmed-transactions
https://charts.bitcointicker.co/#mempoolsize
https://trends.google.com/trends/explore?q=bitcoin%20unconfirmed
I am not blessed with your knowledge, but when the creator of something sells everything after a sharp rally - I would think that maybe at this point in time - things may be a bit over-valued. Not saying that there is no room to grow ! Just my two cents.