🚨 Breaking News: Vitalik Buterin Sells 70,000 ETH! 🚨
Ethereum Price:
- ETH: $3,748.8 (-0.61%)
- SOL: $165.55 (-2.57%)
In a startling revelation, Vitalik Buterin, the visionary behind Ethereum, announced that he sold 70,000 ETH at its peak in 2018. This massive sell-off, valued at approximately $95,550,000, was executed to extend the Ethereum Foundation’s financial runway. Vitalik stated, “I got the Ethereum Foundation to sell 70,000 ETH right at the top, doubling our runway. It was a decision with massive impact.”
This move has sent shockwaves through the crypto community, highlighting a stark contrast with Satoshi Nakamoto, the mysterious creator of Bitcoin, who has never sold a single BTC.
Key Points:
- Vitalik Buterin: Sold 70,000 ETH, significantly impacting Ethereum holders.
- Satoshi Nakamoto: Known for holding onto Bitcoin, never selling any BTC.
- Market Impact: Ethereum's price shows a slight decline post-announcement.
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