Vitalk Buterin Moves 50 ETH As ETH Hits $2,000
Ethereum hits $2K amid Buterin's big move to Coinbase and BlackRock's ETF interest.
Ethereum breaks $2,000 as its co-founder, Vitalik Buterin, moves 50 ETH to Coinbase Custody.
This action by Buterin is interesting but doesn't necessarily mean he'll sell. Coinbase Custody is used for safekeeping large crypto amounts by institutions, providing extra security and insurance.
Such high-profile transfers can affect how people feel about Ethereum, but prices depend on many factors, not just one person's actions.
BlackRock's potential Ethereum ETF shows big investors are getting more interested in crypto, which could mean more money and more growth for Ethereum and other digital currencies.
Below is a chart showing Ethereum's Price movement in the past 7 days https://coinpaprika.com/coin/eth-ethereum/
