Vitalik Buterin posted that there is no need for more copy-paste EVM chains or L1s, as Ethereum L1 is scaling and will provide a large amount of blockspace. He called for building truly innovative solutions, such as privacy, app-specific efficiency, or ultra-low latency. Vitalik expressed support for app chains deeply connected to L1 or "institutional L2s" that can bring algorithmic transparency. https://t.co/cAe75KhhNv ...

Core Insights - Ethereum price is under pressure due to selling momentum from both on-chain and technical indicators, with a critical downside risk emerging around the $1,800 zone [1] Technical Analysis - A head-and-shoulders pattern was confirmed on February 3, indicating a bearish trend reversal for Ethereum, with a projected downside target around the $1,820 zone [2][4] - The breakdown occurred when Ethereum failed to maintain support above the neckline of the pattern, reinforcing bearish sentiment [2][6] Vitalik Buterin's Selling Activity - Vitalik Buterin sold approximately 2,961 ETH for around $6.6 million at an average price of $2,228, coinciding with the technical breakdown [5] - His selling activity during this critical time has contributed to a decline in market confidence, marking February 3 as a significant turning point for Ethereum [6] Behavior of Large Holders - Following the breakdown and Buterin's sales, large holders and long-term investors began to alter their behavior, with Ethereum whales initially increasing their holdings before reversing course [7] - Whale holdings decreased from approximately 13.93 million ETH to around 13.79 million ETH, a reduction of about 140,000 ETH valued at over $290 million, indicating cautious distribution rather than confident buying [8]

🚨 SELL PRESSURE: VITALIK BUTERIN DUMPS ETH HOLDINGS, ON-CHAIN DATA SHOWS@VitalikButerin has sold 2,961.5 $ETH worth roughly $6.6M, according to @Lookonchain.The sales occurred over the past three days at an average price of $2,228.On-chain data indicates the selling activity is still ongoing.BSCN (@BSCNews):🚨SELL PRESSURE: VITALIK BUTERIN DUMPS 493 ETH@Ethereum-founder @VitalikButerin has sold around $1.16 million worth of $ETH over the past day, according to Lookonchain.The selling started around 5pm UTC o ...

This $DASH super short "0x94d3" made a big mistake yesterday.He closed his $BTC, $ETH, $SOL, and $XRP shorts, then flipped long — and is now down $15.8M.His total PnL went from +$25.5M to −$15.3M.Address:0x94d3735543ecb3d339064151118644501c933814 https://t.co/WWzg2HaF45 ...

📊 INSIGHT: Ethereum’s transfer count hit 1.17M (14-day SMA), a level previously seen near major market tops in 2018 and 2021, per CryptoQuant.Such spikes have historically signaled peak volatility and potential distribution. https://t.co/o18zWCOkRE ...

RT Watcher.Guru (@WatcherGuru)JUST IN: Ethereum Founder Vitalik Buterin sold 2,972 ETH for $6.69 million over the past 3 days. https://t.co/cKALksDnth ...

JUST IN: Ethereum Founder Vitalik Buterin sold 2,972 ETH for $6.69 million over the past 3 days. https://t.co/cKALksDnth ...

RT ALLINCRYPTO (@RealAllinCrypto)🚨 According to data from @santimentfeed, $XRP sentiment remains positive while Bitcoin $BTC and Ethereum $ETH sentiment is bearish. https://t.co/fqIFnZeN2q ...

vitalik.eth(@VitalikButerin) is dumping $ETH fast!Over the past 3 days, Vitalik has sold 2,961.5 $ETH($6.6M) at an average price of $2,228 — and the selling is still ongoing.https://t.co/Q9G1lEsdiP https://t.co/C1vBn5UimJ ...

This is a party for the shorts!The $ETH super short 0x20c2 has made $102.7M by shorting $ETH.The $SOL super short 0x35d1 has made $55.5M by shorting $SOL, $BTC, and $ETH.https://t.co/kY8l74stCOhttps://t.co/nkUzama0zb https://t.co/WySYPKXShe ...