I’m seeing a lot of noise around Vitalik moving ETH, so let’s slow this down.
Yes, Vitalik Buterin has been active on-chain, moving a sizable amount of $ETH (~$40M+). But this doesn’t look like panic selling. These transfers line up with funding ecosystem initiatives — transparency, security, and long-term public goods. Strategy, not exit.
At the same time, ETH price is sitting at a sensitive zone, hovering near key support around the $3.4K area. Volatility is tight, momentum is indecisive, and the market is clearly waiting for direction. A clean break either way could shift sentiment fast.
On-chain activity ≠ bearish signal by default.
Founders moving funds isn’t always capitulation.
And ETH’s current weakness looks more like market hesitation, not a breakdown in fundamentals.
Real talk — ETH is still the backbone of smart contracts and DeFi. Price action right now reflects indecision, not collapse.
Read the moves carefully.
Sometimes it’s positioning — not panic.