Buterin Moves $ETH worth about $1 Million in this recent market slump.
The nature of this action is yet unknown but the Cofounder of #Ethereum who carried out the transaction might be selling, and might be the reason for Ethereum dumping this time.
Ethereum slips below $1600 and enters the $1550 support zone and this looks more like opening door for a major correction which might be around 35-45% targeting $1000 level.
What do you think is responsible for his transfer to Coinbase at this time.... 600 ETH to Coinbase......