đ¶ Massive $ETH sell-offs have users speculating about Vitalik Buterinâs role and Ethereumâs future.
đ¶ Ansem defends Buterin, arguing itâs normal for him to take profits, while critics accuse him of destabilizing the market.
Letâs break it down:
đ¶ In 2011, Buterin was introduced to BTCï»ż, leading to his co-founding Bitcoin Magazine and later developing Ethereum in 2013.
đ¶ Ethereum's ICO raised $18 million, and Buterin still holds around 275,000 $ETH from the original campaign.
đ¶ Recent FUD stems from Buterin selling $2M in ETH, with accusations it would negatively impact the price.
đ¶ Buterin clarified that the sale's proceeds were directed toward funding projects and charitable causes, emphasizing that money is just a tool for him.
đĄ Ansem defends Buterin â selling for profit is normal in this space.
If you think Buterinâs $2M sale is critical, perhaps itâs time to rethink your stance in crypto.