Post
Topic
Board Altcoin Discussion
Re: Ethereum co-founder Secretly Sold $11M Worth of ETH on Christmas Day! Got Outed!
by
bgaf
on 28/12/2019, 12:22:39 UTC
He thought it would go unnoticed because we would be full and occupied with family on Christmas Day!

https://www.cryptozink.io/ethereum-co-founder-jeff-wilcke-secretly-sold-eth/

Maybe this the reason behind why ETH price drop from $190 to 125 I think so, because of Jeff wilcke moved 90k eth from his wallet to karken crypto exchange on 25th of December and now panic sellers start to dumpling the eth I thought this the best time to buy eth before bull market comes into crypto market.

The timeframe isnt matched from 190 to 125 so I guess this event its not the reason of the eth down fall. I think its the market sentiment. Not just eth is falling down but all crypto including btc so I guess this news is recently got viral. Though the price is stable on its current level. Plus the amount of token is not that huge and can be traded on some high volume exchange.