People talk a lot of FUD about Steem and the whales like @ned, I hear a lot of talk that they do nothing for the platform, and will just sell out and leave us holding crypto bags, but its just FUD.
I appreciate the question @whatageek, not saying you are FUDing, clearly not. My words are just a response to the anticipated panic.
You can both cash out and still believe in the platform, look at Charlie Lee and LTC. But also specifically with @ned look at all he does to build this platform stronger, including but not limited to SMTs.
Last time @ned cashed out, it was quite near peak of the price. He cashed out at 6 dollars in January. He is probably powering down for some reason who don't know yet.
Yeah I was hesitant to write this but after seeing that link I thought it was better to address. I %100 agree with the FUD that happens.
Charlie Lee cashed out because he saw the top in the market.