ETH, the second-biggest cryptocurrency available for use, has taken a critical turn as of late. As indicated by Vitalik Buterin, the
Ethereum establishment could sell 70,000 ETH over the most recent two years when its worth topped, along these lines bringing about a $100 million liquidity. They were accepted to get sold at $1400 mark. He was in a talk show program with Eric Weinstein, Thiel Capitals overseeing executive.
He worked together with the ETH rally to gain a few resources for himself and sold a 30,000 ETH, worth $22 million during the most recent year. This has emerged inquiries regarding EFs thought processes as individuals have the prenotion this is done since they had burned through the entirety of their stores. Yet, Buterin discredited every one of these cases and enlightened that this activity was concerning strategy choice and not because of the absence of assets.
Source: TheCoinRepublic I think it was him, Vitalik, who created the strong downtrend of the crypto market in early 2019. He took the initiative to do this and called on many sellers to sell to him. After this news spread, I realized that now there are no more reliable businesses, it's all just a trick of the big fish. I'm quite angry and now I'll just trade and never hold any coins anymore. It's too risky.