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Topic: Ethereum co-founder Secretly Sold $11M Worth of ETH on Christmas Day! Got Outed! - page 4. (Read 563 times)

sr. member
Activity: 1540
Merit: 420
www.Artemis.co
It doesn’t matter he don’t have to ask the public if he wants to sell his holdings though. Developers and co founders are only human, they have their own needs. As long as its not exit scam move there’s nothing to worry about price may dip a bit but will rise again soon.
sr. member
Activity: 1260
Merit: 251
It's only natural that he sells his assets as a result of his contribution in ethereum and nothing is illegal. But there is curiosity about the reason for selling because they need money for the game. what game does he mean? While ethereum 2.0 will be launched soon  Huh
member
Activity: 616
Merit: 18
📱CARTESI 📱INFRASTRUCTURE FOR DAPPS
Eth co-founder already stated his reason why he sell some of his ETH on Christmas day, its because he wants to fund his new project. In the long run, it doesnt affect ethereum at all even Vitalik already sold some of his ethereum at the peak. Its ok, they work hard for it. They deserve to sell some for personal funds.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
He thought it would go unnoticed because we would be full and occupied with family on Christmas Day!



Who says it was unnoticed? You noticed it!

Does it matter ETH, which ranked second as per market cap.

Best time to buy ETH at a discounted price. Next year the price will surge before halving.
legendary
Activity: 1424
Merit: 1008
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.
hero member
Activity: 952
Merit: 513
Even if this was true, so what.

Long term this is just a drop in the ocean. When you have a decentralised coin the actions of a single person should not impact the wider market any more than in the short run when people are susceptible to panic dumping.

The timing is more likely coincidental than not as well. It's not like he purposefully chose this time of the year just in order to avoid the public eye or anything like that.
jr. member
Activity: 102
Merit: 7
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/
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