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>>The liquidation of 11,422 ETH by Vitalik Buterin is putting Ethereum’s bear‑market resilience to the test.

The liquidation of 11,422 ETH by Vitalik Buterin is putting Ethereum’s bear‑market resilience to the test.

crypthub

about 19 hours ago

Market Pressure

Ethereum has been unable to regain the $2,000 level throughout the year, reflecting weak momentum and cautious sentiment among retail and institutional traders. Tightening liquidity, macro‑level uncertainty, and low risk appetite keep the asset in a fragile consolidation phase. Price action repeatedly fails to break above psychological thresholds, limiting upside potential.

Insider Sales

Vitalik Buterin sold another 675.88 ETH (about $1.25 million) recently, bringing his one‑month total to roughly 11,422 ETH (~$23.3 million). Analysts estimate his planned distribution nears completion at 16,384 ETH, with about 30 % still pending. While large insider moves can trigger short‑term sell pressure, they often stem from treasury management rather than bearish intent.

Technical Outlook

ETH is trading below its 50‑week and 100‑week moving averages, both turning downward, while the 200‑week average sits just above price as potential support. The chart shows lower highs and lower lows, indicating a shift from expansion to consolidation. Volume spikes during recent selloffs suggest active distribution, though volatility is beginning to compress.

Future Scenarios

A decisive break above $2,000‑$2,200 would be needed to restore bullish momentum and attract sidelined capital. Failure to do so could invite further tests of long‑term support levels. Gradual absorption of remaining insider supply may limit price impact if demand holds.

The liquidation of 11,422 ETH by Vitalik Buterin is putting Ethereum’s bear‑market resilience to the test.

Market Pressure

Insider Sales

Technical Outlook

Future Scenarios

The liquidation of 11,422 ETH by Vitalik Buterin is putting Ethereum’s bear‑market resilience to the test.