š„ 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 ($6.6ā$6.7 million) over the past threeāfour days at an average price around $2,228 per ETH, drawing attention from crypto traders amid recent volatility.
š 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 doesnāt indicate a āfounder dump.ā
⢠On-chain flows show the transactions were structured in multiple smaller swaps to reduce immediate market impact.
š” Nuanced Take for Crypto Traders:
š Not necessarily panic selling: Experts note this activity might reflect liquidity management or operational funding moves rather than a shift in long-term conviction.
š Still holds a massive ETH position: Vitalikās remaining ETH holdings remain substantial, and heās known to sell periodically for development and ecosystem support.
š Price context matters: ETHās recent break of key chart levels drew technical and emotional selling from various holders, amplifying short-term moves.
š£ Vitalik moved 3K ETH ($6.7M) in recent days ā some call it āselling,ā we call it liquidity ballet in the crypto opera. šš
When markets wiggle, warriors focus on zones, not headlines. š§ š $ETH
#Ethereum #ETH #Vitalik #CryptoSentiment
