To give a bit more of context. Ethereum at its funding stage, raised 18 million, when the entire cryptocurrency market was 11 billion.
This amounts to 0.16% of the total market cap.
EOS raised 4 billion dollars, with the current market at 333 billion dollars, that gives makes it 1.2% of the total market cap.
This still makes EOS funding a magnitude larger than Ethereum, but not a completely unreasonable amount.
RE: Time to short Ethereum?