$100 million worth of ETH?

[cheezcarls]

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

[1715492042]

1715492042

[1715492042]

1715492042

[Aabcde]

Yes, I think so too. Times in 2017 will be very difficult to achieve now but that does not mean impossible either. And I think ATH will happen if bitcoin touches the new ATH price first.
Many people assume that in 2020 this will happen. But what is clear is that the year of crypto can be carried out if the king holds a massive party, which in the sense of bitcoin touches prices above $ 20k.

[BlackFor3st]

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

You are talking about the past but you are doubting the future of crypto currencies, I completely disagree with your statement that it will not repeat ever again. Market is like up and down while it continue to dominate it's top price in every peak of the market therefore in the coming peak of the market there is a big chance that we can see an increase of price that are more than compare to the peak price of 2017-2018.

The Eth founder and it's team have their own reasons why they decided to sell those amounts of holding that they have and there is a big chance that they will buy it back once the market will start to move upward again. 

[Doranile432]

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

Saying that market of 2017 will not repeat itself every again sounds like a big joke, if you following market trends very well you will notice that some altcoins still follows bitcoin movement very well, are you saying bitcoin can't get to 20k ever again? You are fooling yourself

[minairia3]

Some may think of it as scam or a cheat but can you blame them? They have the rights to sell what they created in spite of having a fud on their project. Of course these people also need to earn, there is a thing called give and take. They give their efforts building a success for their platform and taking back some of its accomplishment by monetizing some or should I say? Little of it is not a sin.

[okala]

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

That is why I do see all these developers as selfish people. Only Satoshi has proven to be selfless. I think if they are still holding those quantities ethereum will have be in the state it is now. With this information I believe that ethereum might never get to $1450 ever again.

[mindrust]

That's one of the reasons of that eth will never recover again.

Now you know everytime it makes a moon shot, the Eth foundation will dump on you poor devils.

Satoshi never did something like this and hardcore hodling his 1m coins while Vitalik the scammer is playing pump and dump with the investors money.

[Novatech8]

This is not companies based investment that grows linearly, this is blockchain and crypto technology it grows in J curves and every year things keeps getting better, if you want to talk about the past then judge base on this December market price with past Decembers

[asriloni]

It's much better to see that and as far as I know when vitalik sold his ethereum and it doesn't give a he impact like what already done by garbage developer just like matic. Some people will argue if ethereum has a very big liquidity compared with matic but the fact that we have so many ways to sell them slowly that make sure the market will not be affected by that.
vitalik is better than jed.
When you are seeing jed and how much billions that already liquidated to the market since XRP was created and you will get a big surprise.

[Novatech8]

That's one of the reasons of that eth will never recover again.

Now you know everytime it makes a moon shot, the Eth foundation will dump on you poor devils.

Satoshi never did something like this and hardcore hodling his 1m coins while Vitalik the scammer is playing pump and dump with the investors money.

Are you saying because vitalik sold his holding at ATH while he expected everyone of you to do the same is a wrong move? I am sure he bought back again when price is now low, did you do the same? ETH CEO is a very capable guy, if money means that much to him he have enough excuses to exit scam

[Rodeo02]

That's one of the reasons of that eth will never recover again.

Now you know everytime it makes a moon shot, the Eth foundation will dump on you poor devils.

Satoshi never did something like this and hardcore hodling his 1m coins while Vitalik the scammer is playing pump and dump with the investors money.

Are you saying because vitalik sold his holding at ATH while he expected everyone of you to do the same is a wrong move? I am sure he bought back again when price is now low, did you do the same? ETH CEO is a very capable guy, if money means that much to him he have enough excuses to exit scam

since you are tge developer selling your own coins is sign that it is already at its peak price and will attract other investors ot also to sell thier holdings . This is why the price continue to decrease when vuterin thier holdings.

[aioc]

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

That was a brilliant move on their part, they have sold it at the right time, but the investors who bought it are now at a loss on how they can sell it, they need to keep up their works for another round of all-time high, I don't believe that there's not going to be a repeat, of course, there's going to be a repeat, this is Ethereum and it's the number two coin in the market.

[bassbity]

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

That was a brilliant move on their part, they have sold it at the right time, but the investors who bought it are now at a loss on how they can sell it, they need to keep up their works for another round of all-time high, I don't believe that there's not going to be a repeat, of course, there's going to be a repeat, this is Ethereum and it's the number two coin in the market.

After they sell at a good price, this will certainly benefit the owner of Ethereum (Vitalik Buterin).
And of course there are many who lose too after many who bought at the price of $ 1,400 at the goldfish, but this is hard to happen like this may take a few more years at this rate, even though Ethereum is the number coin on the market but it cannot benefit the holder if conditions market like this.

[inanilujimi]

It's their right to sell it at the highest price, because their eyes are very good at seeing the future.
Let the past pass, this is purely the freedom of people so we cannot blame them.
Make this a motivation so that we can be like them without having to bring down anyone.

[drlukacs]

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

In fact, when returning to a higher peak, you may not have sold as planned now. because greed always dominates reason. only sharks know what they have to do because they understand the market. So in order not to get the sharks to guide us, we need to be disciplined in dealing. learn a lot from those who came first and set up a trading plan and never do anything against what we have set out. That is the best way for us to get maximum profits and never make a loss.

[Adriano2010]

I also think it was the right decision, and why to not get some money from the work they done. Maybe we can have again a year like 2017 on 2020 and we will have what to sell and can get some good profit if we will have Eth at that time.

[mindrust]

That's one of the reasons of that eth will never recover again.

Now you know everytime it makes a moon shot, the Eth foundation will dump on you poor devils.

Satoshi never did something like this and hardcore hodling his 1m coins while Vitalik the scammer is playing pump and dump with the investors money.

Are you saying because vitalik sold his holding at ATH while he expected everyone of you to do the same is a wrong move? I am sure he bought back again when price is now low, did you do the same? ETH CEO is a very capable guy, if money means that much to him he have enough excuses to exit scam

Yes it is a wrong move. It is the wrongest move you can ever imagine.

Why do you think there are "holders of the last resort" people in bitcoin? Do you know what that even means? It means these people are ready to go down with the ship. The #1 holder of the last resort is satoshi nakamoto with his 1m stash and there are hundreds of more, Trace Mayer is one of them also who came up with the name.

Apparently Vitalik isn't. The founders of eth aren't hodlers neither. They are promoting that shitcoin only to make quick bucks.

That's the main difference between eth and bitcoin. Eth has no real believers.

He coined the term: The Hodler of Last Resort and started the annual Proof of Keys celebration.

[knuckey]

In this case, the Ethereum platform has helped and created great projects on the platform. Average of the top 100 coins also come from the Ethereum platform, even Binance, EOS, Tron and others have also felt the benefits of this platform. If we see from the development funds or spending funds of a project, then it is definitely from the ICO, IEO, STO is much bigger, even EOS has a much larger fund than this case, whether the reason it makes EOS better? I do not think so.

So do not just look at a project only in terms of development funds or spending funds, but also see the extent of the benefits and contributions that have been made.

[Malam90]

At the peak of the market during the massive bull run of 2017, the Ethereum Foundation liquidated 70,000 ETH. Ethereum co-founder Vitalik Buterin convinced the foundation to sell at that time.

The price of ETH peaked at $1,400 during January of 2018, which would have netted approximately $100 million from the sale. Buterin also disclosed a personal sale of 30,000 ETH at the same time.

Full news here

Holy smokes! Now this is why their projects can keep up for a very long while.

To me, it was a wise decision for them to liquidate their ETH when it reaches its all-time high back then. Even the “extraordinary terrestrial” himself, Vitalik Buterin, sold his personal 30,000 ETH.

I just wish it was 2017 all over again, when we could have sold some ETH and other tokens during the big bull run. However, I honestly think that it will not repeat ever again because the market has matured already.

Good for them. Well done!

It is very difficult to bounce back ETH price to $1400 again soon but it can be in longer future. Obviously, it is a wise disicion for the co-founder Vitalik Buterin that their team netted approximately $100 M from ETH sale but if they hold then, it would be failure project even today.

[kaneki007]

Yes, I think so too. Times in 2017 will be very difficult to achieve now but that does not mean impossible either. And I think ATH will happen if bitcoin touches the new ATH price first.
Many people assume that in 2020 this will happen. But what is clear is that the year of crypto can be carried out if the king holds a massive party, which in the sense of bitcoin touches prices above $ 20k.

Agree, almost all communities expect this to happen and moreover for altcoin holders, they certainly hope that the bullrun will occur so that prices follow bitcoin. But if that doesn't happen in 2020 then we have to be more patient waiting for the right moment