Wintermute Founder: Goals Matter More Than Price, Will Continue Long-Term ETH Holdings

ZkProver · 2026-03-15T13:16:28+00:00

Wintermute founder Evgeny Gaevoy expressed disappointment with the Ethereum Foundation's mission statement, believing that the crypto industry is increasingly turning toward traditional systems. While the Ethereum Foundation has the potential to realize its vision, prices may not reflect this change in the short term. He emphasized the importance of goals and stated he will continue to hold ETH for culture and conviction.

ZkProver

2026-03-15 13:16:28

Abstract generation in progress

ChainCatcher News, Wintermute founder and CEO Evgeny Gaevoy said, "The Ethereum Foundation released a mission statement, and I see more criticism than celebration, which is understandable. After all, most of us in crypto have transitioned into the existing global system.

More seriously, currently the Ethereum Foundation is the only player with both resources and network effects, not only able to uphold the dream of cypherpunks but also to truly realize it. In the short term, will this be reflected in the price of ETH? Definitely not. Long term? Only if it succeeds. Should we care about the price?

Personally, I think goals are more important. I firmly believe that at least someone should try to achieve this goal on a macro level, rather than just pursuing financial applications. Others can choose to do what they want or decide whether to hold ETH. Honestly, holding it long-term is a long shot, but compared to other worse ‘faiths,’ it’s still acceptable. So I will continue to hold my ETH for culture and memes."

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