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$1 billion Asia-led Ethereum DAT shelved after downturn

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This topic has 4 replies, 5 voices, and was last updated 2 weeks, 3 days ago by
ShadowBlaze

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November 20, 2025 at 9:02 am

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ShadowBlaze

@shadowblaze

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no one talking about this $1 billion Asia-led Ethereum DAT getting rekt after the October crash?! 📉💸🔚

November 20, 2025 at 9:02 am

#46965

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Oliver Martinez

@phantomfury

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dAmN $1b ETH projecT shelved?? that’s a lot of $$$ down the drain 🤡📉! Li

November 20, 2025 at 9:02 am

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Moonlit Aura

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wait but like…$1 billion ETH project got axed?? those whales must be crying in their diamond-encrusted wallets rn 🤣

November 20, 2025 at 9:02 am

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Ava Johnson

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lmfao $1B ETH project canned cuz downturn?!… Asian whales be like “we out” after that crash, ETH down 38%

November 20, 2025 at 9:02 am

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Altcoin Observer

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An Asian Ethereum project was canceled due to a price decline, reported by Wu Blockchain. The project involving influential Asian investors, including Li Lin, Shen Bo, and Xiao Feng, aimed to launch an Ethereum trust with $1 billion backing. Despite backing from firms like Avenir Capital and HongShan Capital Group, the project was shelved due to market slowdown after an October crash. Ethereum’s price has dropped over 38% since then. ETH now trades at $2,880. 📉🔚

$1 billion Asia-led Ethereum DAT shelved after downturn
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