Vitalik Buterin says never sold Ethereum for profit, held on to ETH since 2018

Vitalik Buterin, Ethereum founder responded to criticism of Ether on-chain transfers.

Vitalik Buterin says he has held Ethereum since 2018 and sold Ether only to support charity and projects he finds valuable. Buterin and the Ethereum Foundation were criticized for their on-chain ETH transfers last week. Ethereum slipped to $2,476 on Sunday. Buterin’s recent Ether transfers have raised concerns among ETH holders. Ether crumbled under selling pressure since ETF launch and consistent outflows have negatively influenced the altcoin’s price.

@paradigm - Sold >$150M worth of $ETH after… pic.twitter.com/kZhigqA7oj — Defi_Mochi August 31, 2024 Ether trades at $2,476 at the time of writing. Ethereum FAQs What is Ethereum? Ethereum is a decentralized open-source blockchain with smart contracts functionality. Serving as the basal network for the Ether cryptocurrency, it is the second largest crypto and largest altcoin by market capitalization.

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