Former Wall Street high-yield credit trader Vivek Raman posted on X, stating: "Despite the intense leverage washout surpassing all previous crashes, I still believe we are in the midst of a cryptocurrency revival. Ether remains an institutional store of value just like BTC. The Ethereum economy (L1, L2, applications) continues to operate seamlessly, and the price of ETH is still set to reach $10,000 or even higher."

ETH-0.31%
BTC0.46%
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