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BasheerAlgundubi
Ethereum Founder Sold 2,961 Coins for $6.6 Million in 72 Hours..
Should Investors Be Worried?
Data from #Arkham platform revealed that Vitalik Buterin, the founder of Ethereum, sold large amounts of the cryptocurrency over the past three days. Why is he selling now, and how will this affect investors?
1️⃣ Transaction Details
Amount: Sold 2,961.5 #ETH over 72 hours.
Value: Approximately $6.6 million.
Mechanism: Transactions were conducted via #CoWProtocol using small payments, so the market did not experience any shock.
Transparency: The wallet linked to Vitalik is fully transparent, includi
Should Investors Be Worried?
Data from #Arkham platform revealed that Vitalik Buterin, the founder of Ethereum, sold large amounts of the cryptocurrency over the past three days. Why is he selling now, and how will this affect investors?
1️⃣ Transaction Details
Amount: Sold 2,961.5 #ETH over 72 hours.
Value: Approximately $6.6 million.
Mechanism: Transactions were conducted via #CoWProtocol using small payments, so the market did not experience any shock.
Transparency: The wallet linked to Vitalik is fully transparent, includi
ETH-6,44%
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BasheerAlgundubi:
Should investors be worried? :The sell volume is very small: Compared to the billions of dollars in daily Ethereum trading volume, a $6 million sale has almost no impact on the price.
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