"Vitalik owns +600K ETH"
He owns far far more than that m8. The distribution and how they spent all their funding was so opaque, whenever they run out the first time, Vitalik created a special blog post to say "we are now returning to transparency" lol wtf. Conveniently NOW they are returning to transparency. Vitalik is a terrible liar and uses specific language in his blogs and such if you catch it. He slips alot when he is doing dishonest shit. For instance when talking about the premine he repeatedly said "there is no more than 0.1% in a single account" However he NEVER says no one got more than that, because the simple fact of the matter is THEY DID get WAY more than that about 90% of the entire supply of the IPO is theirs ( 12 of which they put into a smart contract and already depleted). They frontrun EVERY rally. The last last rally when it started to dip they post "we now have funding for the next 4 years!" Thats great lol. Before this rally to 0.03 they were front running the microsoft news and sent over 1.2 MILLION eth from presale wallets, all in even increments. Nearly 80% of the ethereum presale wallets go untouched. But how can this be?!?! There is no way for hundreds of people to coordinate enough to keep 90% of the supply off the market. Id say nearly all of that is owned by the eth devs, a small portion people dont know how to deem, and another small portion people are locked out because their passwords are wrong. Dont get me wrong, I love the ethereum technology which is why I support expanse so much, however ethereum devs have profit first and foremost on their minds and the science comes second. Ether is for the eth devs and banking private networks and expanse is for everyone.
Thanks for sharing the info! I didn't know this, but I already had the feeling the ETH market is manipulated. The volumes are crazy and sometimes buy or sell walls appear which are over 1,000 btc. Once I even saw a sell wall of 1,700 btc. I thought there had to be some really big whales who bought in, now I know where they are coming from.
At the moment the ETH market is also behaving strange, the buy volume is huge, but there are not so many big trades anymore as there used to be when the volume was much lower...