Ethereum outlook darkens as founder Vitalik Buterin sends 600 ETH to Coinbase

2023-8-22 14:52

On Monday, Ethereum co-founder Vitalik Buterin transferred 600 Ether, worth approximately $1 million, to exchange Coinbase. That comes as the overall cryptocurrency market recorded downside price movements, with Ether losing over 10% following the latest dip.

📣vitalik.eth transferred 600 ETH (~$1 million) to Coinbase.

➡️Source: https://t.co/OAGRL7Iu0E pic.twitter.com/MnDBcatXwz

— Fin-y •|• 👽 (@Finy_sol) August 21, 2023

Analysts expect more price declines from the second-largest crypto by value, targeting the $1,000 value area. Vitalik accelerated the ongoing bearish momentum by triggering panic mode among enthusiasts.

Ethereum co-founder preparing to sell Ether?

Etherscan data shows a Buterin-linked wallet sent 600 Ether to exchange Coinbase on Monday, 21 August. The transfer raised eyebrows in the crypto community as the Ether movement by the ETH Foundation and Vitalik Buterin typically catalyzes price declines.

Crypto enthusiasts expect further price dips from the altcoin as the creator’s action signal potential token sales.

Further dips in Ethereum?

Ethereum changed hands at $1668.23 at press time, exhibiting bearishness in its 12-hour and weekly charts. The token lost 0.90% over the past day and 9.65% within the last seven days.

On-chain data from @ArkhamIntel shows @VitalikButerin sent 600 $ETH worth over $1 million to @coinbase!

It looks like he is cashing out before the anticipated #ETH dip to $1,000. https://t.co/B5DfaIyB4z pic.twitter.com/qcw99179NB

— Ali (@ali_charts) August 21, 2023

Meanwhile, analysts believe Ethereum will experience more downsides. Renowned crypto expert @ali_Charts believes Vitalik Buterin is cashing out to escape imminent price plunges to $1,000. He added that the alt should steady beyond the $1,600 – $1,550 value area to prevent the anticipated crash.

Ethereum exhibits a weak market structure, and that matches the bearish narrative. Nonetheless, enthusiasts should follow upcoming Ether updates and broad market developments for the potential future.

The post Ethereum outlook darkens as founder Vitalik Buterin sends 600 ETH to Coinbase appeared first on Invezz.

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Источник: invezz.com

ether ethereum → Результатов: 126

Ethereum FUD returns as ICO whale offloads another $47M

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What Is the Difference between Ethereum and Ether?

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2020-7-27 11:32
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2019-5-23 23:32
ether ethereum announced growth eth explains steady

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Cryptopia’s Stolen Ethereum Funds to the Tune of 30,000 ETH Moves to Mysterious Wallet

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2019-5-20 18:50	Cryptopia
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Ethereum’s False Sense of Decentralisation: 30% of All Ether Held by 376 People

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2019-5-20 00:33
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33% Of Ether Owned By Only 376 People

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2019-5-17 10:43	Whales
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Ethereum Price Jumps to 8-Month High After Bitcoin Plunges $645

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Ethereum Could Almost Double its Price This Year: Analyst

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Big, greedy Ethereum whales account for 33 percent of cryptocurrency’s supply

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2019-5-16 16:36	hard fork
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Ethereum’s Decentralization in Question with 376 Wallets Holding One-Third of All ETH

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2019-5-16 13:20	Whales
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Joe Lubin, Jimmy Song Outline Massive Bet On Future Of Ethereum DApps

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2019-5-15 21:08	DApps
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Vitalik Buterin, Joseph Lubin Each Donate 1,000 Ether to Moloch DAO

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2019-5-11 02:16	vitalik buterin
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Buterin And Lubin Among $700,000 MolochDAO Investors

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New Bitcoin-ETF Filing With the SEC Throws Ethereum Into The Mix

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Between Bears and CFTC Bulls: $198 Is a Short-Term Ethereum Price Prediction. Will It Skyrocket After?

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2019-5-10 02:59
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2019-5-10 22:00	Technical Analysis
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EOS and Ether now supported on blockchain payment gateway GoCoin

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2019-5-8 13:53
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dApp Transaction Volumes Hit New Highs in April

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ethereum 2018 highest however percent being down

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Ethereum [ETH]: Monthly ETH DApp volume hits all time high, reports Diar research

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2019-5-7 15:30	News
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Ethereum Price Analysis: Ether Soars

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2019-5-7 15:25	Price Analysis
price ethereum early out rising soars ether

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CFTC May Approve Ethereum Futures

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2019-5-7 17:44	law and legislation
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Will Ethereum Futures Pump or Dump the Price?

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2019-5-7 15:09	USA
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Regulators Ready to Approve Ethereum Futures, CFTC Insider Says

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2019-5-6 12:00
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Ethereum (ETH) Price Prediction: Can Ether Hold This Key Support?

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2019-5-6 07:08	ethereum
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2019-5-2 23:21	Investing
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Cryptocurrency Q1 roundup: How did Ethereum perform?

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US Stock Brokerage E*Trade Strokes Excitement with Rumored Ether, Bitcoin Trading

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2019-4-27 02:00	Ether
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2019-4-26 12:18
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Ethereum bandit makes off with $6.1M after bypassing weak private keys

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2019-4-24 16:22	Insider
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Ethereum [ETH] might have caught a break from bears due to formation of ‘Golden Cross’

Ether, more commonly known as Ethereum, is the world’s second largest cryptocurrency and it might have turned bullish due to the initiation of the ‘Golden Cross’ in the daily chart.

2019-4-20 09:00	News
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Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO

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2019-4-19 18:33	blockchain
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Сообщество Ethereum обеспокоенно отсутствия прозрачности в Ethereum Foundation

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2019-4-12 18:56
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Сообщество Ethereum обеспокоенно отсутствием прозрачности в Ethereum Foundation

2019-4-12 18:56
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Dex Brokerage finalizes integration with Kyber Network

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2019-4-11 18:55
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Poloniex Expands Margin Trading Offering For Non-US Customers

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2019-4-11 22:57	Poloniex
trading margin poloniex customers non-us expands offering

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Ethereum Shorts Fall To Record Low

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2019-4-11 12:40	ethereum
low fall ethereum dropped ether record shorts

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Opera Launches Dapp-Focused Desktop Browser With Built-In Ethereum Wallet

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2019-4-9 10:00	Опера
wallet opera browser built-in desktop collectibles ether

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Opera Launches Desktop Dapp Browser With Built-In Ethereum Wallet

Opera has launched the desktop version of its new browser with a built-in wallet for ether, ERC-20 tokens and CryptoKitties-style collectibles.

2019-4-9 10:00	Опера
wallet opera browser built-in desktop collectibles ether

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Ethereum’s Community Issues Need Fixing Before Ether Blockchain Upgrades

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2019-4-8 19:54	News
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Crypto in the Mainstream: Ether Makes Cameo in Netflix Series

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2019-4-6 02:00
series crypto netflix ether makes cameo mainstream

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How to Mine Ethereum [2019] – Complete Guide on Ether [ETH] Mining

The mechanism that made Bitcoin a breakthrough technology is Proof-of-Work (PoW). The concept is basically a protocol for determining the validity of a transaction on the network via consensus. Introduced in the Bitcoin whitepaper, it allows people to send money or value to each other over the internet in a way that requires no middle […] How to Mine Ethereum [2019] – Complete Guide on Ether [ETH] Mining was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-4-2 02:19	ethereum
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Ethereum Price & Technical Analysis: Ether Struggling Hard

Coinspeaker Ethereum Price & Technical Analysis: Ether Struggling HardEthereum is struggling hard, says Dmitriy Gurkovskiy, chief analyst at RoboForex.Ethereum Price & Technical Analysis: Ether Struggling Hard

2019-3-28 18:22
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Burner Wallets: A Safe Way To Buy Dinner With Ether

When mainstream adoption? That question has been on hodlers’ minds ever since Bitcoin’s inception. The most common trope centers around buying a cup of coffee using Bitcoin. In an effort to onboard new users, and to make it easier to buy a cappuccino with crypto, Ethereum developer Austin Griffith created the Burner Wallet in November […] The post Burner Wallets: A Safe Way To Buy Dinner With Ether appeared first on Crypto Briefing.

2019-3-26 01:05	Wallets
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