Vitalik Buterin sells $6.6M in ETH after flagging planned withdrawals

💡 DMK Insight

Vitalik Buterin’s recent sale of nearly 3,000 ETH raises eyebrows, especially given the timing right after his withdrawal announcement. This move could signal a shift in sentiment among major holders, potentially influencing retail traders. With ETH currently at $2,071.18, the market might react to this perceived lack of confidence from one of its founders. If Buterin’s actions lead to increased selling pressure, we could see ETH testing support levels around $2,000. On the flip side, if ETH holds above this level, it might attract buyers looking for a bargain. Keep an eye on the broader market context, as this could ripple into related assets like SOL, which is currently at $90.01. Watch for any significant volume spikes or changes in trading patterns over the next few days as traders digest this news.