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Bankless founder sells all ETH, reallocates to ZEC and LIT, both significantly outperforming ETH

2026-09-07 02:02

Odaily News DeFi researcher Ignas posted on X: "After David Hoffman (Bankless founder) sold his ETH, he reallocated his portfolio into some of the best-performing tokens, such as LIT and ZEC. NEAR also performed well, and only VVV underperformed the broader market. Although the market was full of fear, uncertainty, and doubt (FUD) at the time, and it was also very 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 sold all his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.