Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Foundation executives run away, whales dump 20 million USD, why is ETH still rising?
Ethereum Foundation has left again.
In 5 months, 8 senior executives have resigned one after another.
The latest, co-CEO Hsiao-Wei Wang, said "Now is the right time to step back from the spotlight."
Meaning she’s quitting.
Just after Tomasz Stańczak left, she also followed suit. The core team is like a leaking ship, one after another jumping overboard.
Guess how ETH is moving?
It’s rising.
This week +5.1%, outperforming BTC’s -1.5%.
This makes no damn sense.
Foundation turmoil, core personnel loss, FOMC just finished its meeting, whales are still dumping—logically, ETH should have crashed. But it stubbornly charted an independent trend.
BitMine, $35.85 million USD, bought 20k ETH.
Hayes-related wallet, continuously increasing holdings to 4,400 ETH.
One is buying, the other is adding to their position, and BitMine still has a gap to reach its 5% allocation target—that means more buying is coming.
Meanwhile, a whale is selling 11,888 ETH at an average price of 1,706, cashing out 20.28 million USD.
Do you understand?
Three forces are fighting:
Foundation people leaving—source of panic
Whales dumping—selling pressure source
Institutions accumulating—buying pressure source
ETH didn’t collapse, which means institutional buying has absorbed all the negative news from the foundation and the whale’s selling pressure.
Retail logic: The foundation is in trouble, run!
Institutional logic: Key personnel leaving actually shows the project has matured enough that they’re no longer needed. Vitalik is still here, the code is still running, the ecosystem is still expanding—that’s enough.
The Ethereum Foundation’s executives, if they leave, they leave. Are they important? Of course. But ETH is no longer the ETH of 2016.
Layer 2 is up and running, ETF expectations are brewing, staking yields are stable, and the developer community is the largest globally.
“A decentralized ecosystem is never sustained by a few executives—it's driven by code, by computing power, by staking volume, by real users.”
When have you seen Bitcoin Foundation people resign and BTC crash?
Never. Because BTC has long stopped relying on an “official team.”
ETH is undergoing the same evolution—shifting from “foundation-driven” #我的Gate交易时刻 to “ecosystem-driven.”