Thank you for the update. Could you please also comment on the concerns raised in this post on Reddit?
I believe Block.one has already stated that the account does not belong to Block.one. Do you know who it does belong to? $114 million is a huge stockpile. For the sake of transparency, it should be known who owns +- 25% of the market cap of EOS.
I'd feel better if I knew if it's a group of people interested in using its stake for building applications on EOS or even investing long term. But at the moment, I can't shake the feeling that it's a group of people who are manipulating the price of EOS.
RE: An Update from Block.one CEO, Brendan Blumer