Depth | Leap over Ethereum Asylum I really sold it this time On April 22nd, the ETH/BTC exchange rate briefly fell to 0.01766, continuing to hit a new low since 2020. Lin Feng, who has been consistently investing and firmly holding Ethereum for 4 years, can no longer hold on and has issued a heart wrenching declaration on his social media. Compared to simple flesh cutting, this is more like a collapse of faith, a farewell to a dream. On the same day, institutional investors also took action one after another. Galaxy Digital has exchanged ETH for SOL, and encrypted VC Paradigm has also transferred 5500 ETH (approximately $8.66 million) to brokerage platform Anchorage, suspected to be for sale. The most ironic thing is that another institution has joined the army of coin sellers - the Ethereum Foundation. A wallet associated with the Ethereum Foundation deposited 1000 ETH (approximately $1.58 million) into Kraken. Ethereum, once regarded as the flagship of the blockchain revolution, seems to have reached its darkest moment. Behind this collective escape are stories of people being forced to say goodbye to their ideals, as well as difficult choices of faith and interests. And all of this was recorded, witnessed, and remembered in the group chat called 'Ethereum Asylum'.