Ethereum Founder Vitalik Buterin Continues ETH Selling Spree

💡 DMK Insight

Vitalik Buterin’s recent ETH sales raise eyebrows, especially with Ethereum at $1,864.27. When a key figure like Buterin starts offloading assets, it can signal deeper market concerns. Traders should consider whether this is a personal liquidity move or a reflection of broader bearish sentiment. With ETH’s current price, the market is testing support levels that could trigger further selling pressure if breached. Watch for the $1,800 mark—if ETH falls below this, it could catalyze a wave of panic selling, particularly among retail investors. On the flip side, Buterin’s actions might also present a buying opportunity for those looking to accumulate at lower prices. If ETH stabilizes and rebounds from key support, it could attract buyers looking for a bargain. Keep an eye on trading volumes and sentiment indicators to gauge market reactions in the coming days.