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by: xpoolPosted on: April 7, 2025

Synthetix Founder Discusses Potential Ethereum Sale Decisions

Kain, founder of Synthetix, recently shared his thoughts on potential Ethereum sales decisions on X (formerly Twitter). He suggests that he may have been better served by selling all of his ETH holdings. This statement comes after Kain disclosed his significant asset allocation – selling 90% of his ETH holdings and allocating the remaining to 35 million SNX tokens since 2020.

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