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According to Jinse Finance, on-chain analyst Ai Yi has monitored that the "smart money" which shorted BTC during the LUNA/UST crash and earned $5.16 million, has just liquidated its ETH holdings and reduced its WBTC position an hour ago—selling 1,363 ETH and 30 WBTC (approximately $9.79 million). This round of buying low and selling high resulted in a profit of $1.093 million. Previously, this smart money made $7.293 million by bottom-fishing BTC and WBTC, and $4.907 million by bottom-fishing ETH.

According to ChainCatcher, Nick Tomaino, founder of crypto venture capital firm 1confirmation, stated on social media, "The fatal flaw in Strategy is that Michael Saylor holds 10% of the company's equity but controls 45% of the voting rights, while the company holds 3.3% of the total Bitcoin supply. He appears on television every day as a 'Bitcoin spokesperson.' Clearly, Wall Street does not want him to become wealthier." In contrast, Tom Lee's shareholding is far less than Michael Saylor's, and companies like SBET, ETHZ, and GAME are making progress, with no one monopolizing Ethereum holdings. This is also why Wall Street and the public will support ETH in a way different from BTC."