šŸ’„ Vitalik just dropped a bomb.

On X, he said L2s no longer add real value to $ETH because L1 can already scale on its own.

But... Ethereum doesn’t really need L2s anymore.

This didn’t just shake holders - L2 founders pushed back immediately. Arbitrum, Starknet, Base, Optimism all publicly responded, saying Vitalik is… wrong.

But Vitalik didn’t stop there.

šŸ”„ He’s now running a 4-day TWAP, planning to sell $7.3M worth of $ETH .

Narrative-wise, it looks brutal: ā€œI created you and I can uncreate you.ā€

$ETH
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@THE CRYPTO BLOGGER