Crypto Twitter is buzzing after Vitalik Buterin moved 2,972 ETH (around $6.69M). But letās be clear: this doesnāt look like a dump.
On-chain data shows part of the $ETH was converted to wETH, while other portions moved through decentralized platforms. If youāve followed Vitalikās past activity, youāll know this pattern usually points to ecosystem funding or operational transfers ā not personal profit-taking.
In simple terms:
š This is not a sell-off.
š The current market reaction is mostly speculation.
š ETHās price action is still moving in line with the broader crypto market.
History suggests these kinds of moves are about supporting development, not exiting positions.
As always ā stay calm, zoom out, and manage risk.
ā ļø Disclaimer: Trading involves risk. Do your own research.