🔥 BREAKING: Vitalik Buterin Sells Nearly $6.7M in ETH Over the Last Few Days
According to on-chain data tracked by analytics platforms, Ethereum co-founder Vitalik Buterin has sold 2,961.5 ETH ($6.6–$6.7 million) over the past three–four days at an average price around $2,228 per ETH, drawing attention from crypto traders amid recent volatility.
📉 Market Impact Context:
• These sales came as ETH price slipped below key support zones, contributing to near-term downside pressure.
• Some traders see this as adding to weak sentiment, while others note the sale size is small relative to overall liquidity and doesn’t indicate a “founder dump.”
• On-chain flows show the transactions were structured in multiple smaller swaps to reduce immediate market impact.
💡 Nuanced Take for Crypto Traders:
📌 Not necessarily panic selling: Experts note this activity might reflect liquidity management or operational funding moves rather than a shift in long-term conviction.
📌 Still holds a massive ETH position: Vitalik’s remaining ETH holdings remain substantial, and he’s known to sell periodically for development and ecosystem support.
📌 Price context matters: ETH’s recent break of key chart levels drew technical and emotional selling from various holders, amplifying short-term moves.
📣 Vitalik moved 3K ETH ($6.7M) in recent days — some call it “selling,” we call it liquidity ballet in the crypto opera. 😎🎭
When markets wiggle, warriors focus on zones, not headlines. 🧠📈 $ETH
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