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$ETH The foundation has lost 19 executives this year, including veteran protocol developers Tim Beiko and Barnabe Monnot, even the co-executive director joint leadership structure has disbanded, now only Bastian Aue remains to carry the banner.
The core team continues to lose members, indicating that internal governance and strategic disagreements have not been resolved. $ETH underperformed the market this year, and the technical narrative lacks new breakthroughs; the foundation's personnel shake-up will only amplify market doubts about execution capability.