After the founder of Bankless liquidated his ETH holdings, the replacement tokens ZEC and LIT have both significantly outperformed ETH.

BlockBeats News, September 7 - DeFi researcher Ignas posted on X: "David Hoffman (Bankless co-founder) sold his ETH and rotated into some of the top-performing coins like LIT and ZEC, with NEAR also performing well, and only VVV lagging behind the broader market. Although the market was rife with fear, uncertainty, and doubt (FUD) at the time, and it was quite close to the ETH bottom, the goal of aggressive crypto investors has always been to outperform BTC and ETH. Well done, David."

Previously reported, Bankless co-founder David Hoffman announced in June this year that he had fully exited his ETH position and bought VVV, NEAR, ZEC, HYPE, and LIT.