The bitcoin price dropped because Craig Wright claimed he was the Satoshi. The market was afraid he would dump his coins. So it is better for Vitalik to dump his coins.
Hi
Hope you are well.
EDIT: I see what you mean now actually, You mean its best for Vitalik to dump his coins so he can't effect the future price of ETH much to how Satoshi coming back could effect BTC's price. That is a valid point.
I am realistic, If I was in his position I would most definitely sell 25% for 1115 bitcoin. Can't blame him at all. Traders trade.
No one freaks out at company owners who sell the stock of their company for a profit, how is this any different? The alibaba dude sold enough stock during their IPO to wipe his ass with gold leaf for the rest of his life, and still has enough stock that if Alibaba does well he could make a killing.
I think instead of demonizing him we should look at it in the same way stock traders look at it. When a legal inside trade is posted for a company, most stock traders look at this and try to find a reason for it, especially if its multiple high ranking officials or some other insider with a particularly good track record with trading.
Is there a reason for him trading? Could he believe that the top is near? or Maybe he is "Hedging his bets" and selling 25% now and selling 25% later if it goes up again? In other words, use his trades to your advantage, he obviously has more information about the situation than anyone else.
I do feel like since there is unlimited coins though that a extremely high price won't really be plausible for ETH in the future. After all, who would want to pay exorbitant prices to use the network? I would imagine if a decentralized computing network became a "big thing" there would be tons of competition. I have a feeling that it'd be the cheapest, most trustworthy network that wins. Isn't that the whole point of a pay-per-use computing network?
I think he was very wise to cash out at where he did. I think maybe others should realize that things got out of hand very fast (whether it was intentional or not really doesn't matter at this point) and that the current prices are possibly unsustainable, at least for the long term.
That doesn't necessarily mean this bubble has popped yet though. As they say, the market can remain irrational for longer than you can remain solvent.