According to a recent statement by Vitalik Buterin, he managed to convince the Ethereum Foundation to sell 70,000 ETH at the height of 2017’s parabolic run, resulting in a $100 million liquidity. ETH is still the second-largest cryptocurrency by market cap. However, its price today is nowhere near what it used to be two years ago. Volatility has taken a hit and a break out seems all the less likely. Ethereum Foundation Sold 70,000 ETHRead MoreThe post Vitalik Buterin: Ethereum Foundation Made $100 Million by Selling ETH at ATH appeared first on Bitcoinist.com.
