The prominent macroeconomist Lyn Alden has recently made some statements regarding her stance on Ethereum. She claims to be a long-term holder of Ethereum, and she was surprised by the weakness that Ethereum experienced after the presidential election results. Despite the election results being favorable for cryptocurrencies compared to Bitcoin, the ETH/BTC exchange rate experienced a more brutal performance than expected.
On November 14, the exchange rate reached its lowest point since April 2021. One individual, James Fickel, who was long in the ETH/BTC exchange rate, lost a significant amount of money as a result.
