wLEO And LEO Are Not Affected Very Strongly By ETH Being On A Tear - A Buying Opportunity?

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I've seen one early investor in LEO sell their coins. It also seems likely that the wLEO/ETH liquidity pool has seen liquidity providers pull liquidity from it because wLEO is going up only moderately in response to ETH breaking all-time highs.

I think there is no reason whatsoever dump LEO now. This is normal market fluctuation. Some people cash out and move into other projects. LeoBridge and Project Blank are taking longer than expected but that sort of thing is what you can expect in software development.

Dumping LEO at this juncture would be a prime example of dumping a relatively cheap coin to pursue gains in some hot project. LEO had a spectacular run since last September until March. After that, we've seen a major market correction. At some point, capital will flow back to those projects whose coins seem cheap by comparison.

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(Edited)

I've seen one early investor in LEO sell their coins.

I'm curious who exactly you have in mind?
If you noticed my sell orders, I can make a very clear and short explanation

Yes, indeed, I do place my LEO SELL orders every day, for almost a week now.
I am trying to build my stake and power on POB proof-of-brain tribe. Even the short time goal there (#3), would not come easy, and is rather unreal to make it from a posting/curation alone.
So I have decided that I will do it slowly, by buying POB's, and doing this strictly only from my daily Leo curation rewards, plus an income from my LEOM/LEOMM miners, and leo.voter delegation rewards, and dCity rewards. That is total only about 500-700 Leo in one day. My loss is your gains.

Not even one single my LEO token been powered down yet, nor any wLEO or bLeo token unwrapped.
In fact, all my three Leo token classes (Leo, wLEo & bLeo) still keeps growing, mainly because of exceptional ETH and CUBDEFI performance all this week.
This combined my Leo asset-class (staked Leo + ETH + BSC wrapps) today is bigger than ever before, perhaps 1.5M+ coins combined. Maybe I should go and count them exactly one day. 😃

After all, you don't expect that whales will never never ever go to sell their coins, do you?

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