Vitalik Buterin Continues Selling Ethereum, ETH Price Dips 2% from Resistance

Quick Summary:

The latest on-chain data shows that Ethereum co-founder Vitalik Buterin has continued to sell the altcoins from his ETH holdings.

After showing major strength this past week, the ETH price faced selling pressure from $2,700 correcting 2% more in the last 24 hours.

Over the past 11 days, wallet “0x556” has transferred all 1,300 ETH to Paxos, capitalizing on Ethereum’s price recovery.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News ETH price Ethereum (ETH) Ethereum whales Altcoin News Vitalik buterin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 05:47:04 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 624 words

Reading Time: 4 minutes read

Sentences: 46 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22783565

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