Vitalik Buterin Dumps Even More ETH as Prices Struggle Below $2K
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Vitalik Buterin has sold a total of 4,071 ETH, worth approximately $8.13 million, withdrawing 3,500 ETH from Aave for likely sale. This trend raises concerns about market impact and potential price volatility for ETH.
On-chain data from Arkham Intelligence and Lookonchain showed that Vitalik Buterin has resumed his selling spree of ETH with another multi-million dollar transfer.
The analysts explained that he had withdrawn another batch of 3,500 ETH (worth roughly $7 million at the time) from Aave with the likely intention to sell. At the time of the original post a few hours ago, he had already disposed of 571 ETH ($1.13 million).
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Vitalik Buterin Dumps Even More ETH as Prices Struggle Below $2K
Share:
Vitalik Buterin has sold a total of 4,071 ETH, worth approximately $8.13 million, withdrawing 3,500 ETH from Aave for likely sale. This trend raises concerns about market impact and potential price volatility for ETH.
On-chain data from Arkham Intelligence and Lookonchain showed that Vitalik Buterin has resumed his selling spree of ETH with another multi-million dollar transfer.
The analysts explained that he had withdrawn another batch of 3,500 ETH (worth roughly $7 million at the time) from Aave with the likely intention to sell. At the time of the original post a few hours ago, he had already disposed of 571 ETH ($1.13 million).
In This News
Coins
Funds
Share:
In This News
Coins
Funds
Share:
Read More
Ethereum (ETH) Forms a Bullish Flag, But There’s a Major Catch: Analyst