🤨 There was a panic on Twitter because of Vitalik Buterin’s transfers - some believe that he started selling #ETH for millions of $$$ for the first time in many years...
Elja: Huge amounts of ETH were transferred from the Gnosis Safe wallet to the exchanges. After years of sermons about «hold» and «technology first», he presses the sell button while the market bleeds. Is it again for «donations» or is it diversifying the portfolio? The chosen moment is incredibly suspicious.
Some crypts are sure that this is a standard storage reorganization scheme - no sales, transfers to the exchange and impact on ETH.
P.S. Vitalik Buterin transferred only 1006 ETH ($2.93m) to Railgun.
HISTORY: 🟠 Thirteen years ago today, Bitcoin’s first ‘halving’ program reduced the new mining block reward in half from 50 coins to 25 coins. This event marked the first time in history a decentralized monetary system automatically maintained new issuance on an open-source schedule of code.
NEW: 🟠 BlackRock’s Robbie Mitchnick says the only two assets that have been globally adopted as a monetary alternative over the last multiple thousands of years is Bitcoin and Gold.
Bitcoin can be used to play this ‘Debasement Trade.’