According to U.Today, Shytoshi Kusama, the mysterious lead of Shiba Inu, recently commented on Ethereum co-founder Vitalik Buterin's personal life, which has sparked discussions within the cryptocurrency community. Kusama shared a tweet featuring a photo of Buterin and his new girlfriend, describing the news as both 'bullish and cute.' This sentiment is shared by many who believe that positive developments in Buterin's personal life could have a favorable impact on Ethereum and related cryptocurrencies like Shiba Inu. Notably, when Buterin ended a previous relationship in April 2023, Ethereum's price dropped by 10%, reaching a low of $2,000 for the first time in several months.
The SHIB community responded positively to Kusama's tweet, with many agreeing that good news about Buterin's personal life could be bullish for Ethereum. However, Ethereum has recently experienced significant volatility. The cryptocurrency plummeted by almost 24% from Sunday to Monday, dropping from $2,922 to $2,423. This decline was followed by a slight recovery of 13.67% by Wednesday, but the price has since dropped again to $2,425.
In related news, a wallet associated with Vitalik Buterin, known as Vb3, transferred 3,000 ETH worth $7 million to the vitalik.eth address three days ago. The vitalik.eth wallet now holds 245,223 ETH. While Buterin has been reshuffling his ETH holdings, Tron founder Justin Sun has been accumulating ETH since the beginning of the year. Despite rumors of Sun selling his ETH holdings, he has refuted these claims, and on-chain data confirms that his wallet has not sold any ETH recently. Since February, Sun has acquired 377,590 ETH, which was valued at $1.15 billion before the recent price collapse.