Bankless Founder David Hoffman Sees Significant Gains After Liquidating ETH Position

David Hoffman, co-founder of Bankless, achieved substantial returns after selling his entire ETH holdings in late May. He reallocated his capital into five assets: ZEC, HYPE, LIT, NEAR, and VVV. His portfolio significantly outperformed ETH, with ZEC and LIT delivering triple-digit gains. The strategy focused on structural growth in on-chain derivatives, privacy narratives, and AI infrastructure, validating his investment framework over the past three and a half months.