Vitalik Buterin Moves $10 Million ETH to Exchange in August 🤑

- Data from Lookonchain shows that Vitalik has moved 422,000 ETH since 2015, of which 840,000 ETH came in the last 2 years.

- Vitalik denies selling ETH for profit, saying that transactions since 2018 were for project support and charity.

- The Ethereum Foundation also moved 84,000 ETH ($207 million) in August to fund development.

- Previous sales by the Ethereum Foundation have caused short-term price volatility.

- ETH is currently trading within the 50-week and 200-week EMAs, which could drop to $2,000 in October before recovering to $4,000 by late 2024 or early 2025.

What do you think of this move? Comment! 💬#Crypto#Ethereum#Blockchain#Finance