Ethereum
Why Ethereum is down 1.2% in the last hour
Analysis
Ethereum (ETH) slipped about 1.2% over the past hour as traders reacted to reports that Vitalik Buterin has sold additional ETH while the market continues to struggle below the $2,000 level, reinforcing near-term sell pressure. A separate CoinDesk piece on Buterin proposing AI βstewardsβ for DAO governance may have added headline-driven volatility, but itβs more of a long-term governance discussion than an immediate bullish catalyst.
Contributing Factors (3)
Vitalik Buterin Dumps Even More ETH as Prices Struggle Below $2K
Ethereum's co-founder has been disposing of large amounts of ETH for several weeks now.
Ethereum's Vitalik Buterin proposes AI 'stewards' to help reinvent DAO governance
The system would use zero-knowledge proofs and secure environments (MPC/TEEs) to protect voter identity and sensitive data while preventing coercion and bribery.
XRP Vs. ADA Vs. LINK Vs. ETH: Which Alt Is More Undervalued and Has the Biggest Upside?
The conclusion was derived from the 30-day MVRV of each of those altcoins (and bitcoin).
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.