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Tale
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No worries about Butelik he is fine working on something so you all have to do
ALISHBA SOZAR
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#Ethereum sell panic vs reality 🚨
People keep saying “Vitalik is dumping ETH”
Onchain data says the opposite
Here’s what actually happened:
First, Vitalik.
In the last weeks Vitalik moved 17,088 ETH (~$47M).
- 16,384 ETH sent to a multisig used to fund open source projects
- 704 ETH actually sold around $1.6M for charity and operational needs
704 ETH sold.
That’s less than 0.3% of his holdings.
Vitalik still holds 235,000+ ETH.
Now let’s see what Tom Lee and BitMine are buying
January alone:
- Jan 13, 24,266 ETH bought
- Jan 26, 40,302 ETH bought (~$117M)
- Late Jan / early Feb, 41,788 ETH bought (~$110M)
Total recent buys:
117,000+ ETH ~$340M
BitMine now holds:
- 4.28 million ETH
- 3.55% of total ETH supply
- Over 2.3M ETH staked
- Generating ~$160M+ per year in yield
Even more insane:
They’re doing this while having $6.6B unrealized losses.
They’re still buying.
Now compare both flows.
- Vitalik real selling: 704 ETH
- BitMine buying: 117,000 ETH
That’s 60x more ETH being bought than sold.
This is literally:
- founder reinvesting into the ecosystem
- institutions accumulating at scale..
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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