Bankless co-founder David Hoffman sold his ETH in May and shifted into VVV, NEAR, ZEC, HYPE and LIT in June. His four positions with disclosed entry prices were all substantially higher at the time of the report: LIT rose about 293% from an entry near $1.35, NEAR gained about 223% from $1.40, ZEC advanced about 173% from $560 and HYPE increased about 106% from $45. VVV’s entry price was not disclosed. The portfolio shift has been discussed alongside expectations that NEAR and ZEC could be leading winners of the market cycle and questions about the source of sustained buying demand.