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I just saw the news that Peter Thiel's Founders Fund has sold all their ETHZilla shares. It's quite interesting because large funds like this usually don't exit positions so quickly. There might be a specific reason behind this decision, but the details are still unclear.
From an investor's perspective, this could be a signal that they see something incompatible with their long-term strategy. Or maybe it's just a regular portfolio rebalancing. But definitely, when a big fund starts selling off from zero, there's usually something to pay attention to.
What about you? Is anyone following ETHZilla's developments? I'm curious about the reasons behind this decision.