#我在Gate广场过新年

Vitalik Buterin has recently been selling Ethereum (ETH), but this is not a bearish signal; rather, it’s to fund ecosystem development. This “selling tokens to build infrastructure” behavior usually causes short-term price pressure but is beneficial in the long run.

📉 Short-term impact: Market pressure

Selling facts: As of February 23, Vitalik has been selling ETH in batches using a TWAP (Time-Weighted Average Price) strategy, totaling approximately $17.53 million, with more than half of the plan already executed.

Price reaction: Although Vitalik holds a large amount (about 240,000 ETH), the market has anticipated such “transparent sales,” and since he is selling in batches, it has not triggered panic selling or a sharp drop, only short-term price pressure.

🚀 Long-term impact: Ecosystem benefits

Funds allocation: The proceeds are mainly used to support Ethereum’s “full-stack” development, including shard expansion, zero-knowledge proofs (zk-SNARKs), and other key technological upgrades.

Logical support: Vitalik selling tokens is to “spend money on technology,” which can improve Ethereum’s network performance and competitiveness. It’s a “sell tokens for the future” approach, which is beneficial in the long run.

💡 Operational suggestions

Don’t panic: Don’t blindly follow the trend and sell just because Vitalik is selling; this is a normal part of ecosystem development.

Focus on technology: Keep an eye on Ethereum’s upcoming technological upgrades (such as Danksharding), as these are key to determining ETH’s long-term value.

#我在Gate广场过新年