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Bankless 创始人谈清仓 ETH:仍然看好以太坊网络,但 ETH 很难被市场重新定价

2026-05-27 10:23:15

ChainCatcher 消息,Bankless 创始人 David Hoffman 于 X 发文解释了自己清仓 ETH 的原因。

Hoffman 写道:“我对以太坊网络以及整个生态系统依然极度看好 —— 以太坊在架构设计上,本就是为了最大化其应用、L2 与生态系统的成功概率而存在的。‘胖应用’(fat-app)理论意味着,以太坊上的应用能够拿走绝大部分手续费收入;而‘以 Rollup 为中心’的路线图,则意味着 L2 可以获得高达 97% 的利润率。

但对于 ETH 这个资产本身,我越来越难看到它在结构性层面会被市场重新定价(rerate)——无论是向上还是向下。所以,我卖出 ETH,并不是因为我看空 ETH,而是因为我认为‘ETH is Money’(ETH 即货币)这一叙事已经基本演绎完成了。我希望将自己的资金配置到市场中其他我所看到的机会之上。”

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