Ethereum has faced persistent selling pressure throughout the year, with price 
action repeatedly failing to reclaim the $2,000 level. Despite intermittent 
rebound attempts, momentum has remained weak, reflecting cautious sentiment 
across both retail and institutional participants. The broader market 
environment — characterized by tightening liquidity, macro uncertainty, and 
subdued risk appetite — has further complicated Ethereum’s recovery path, 
leaving the asset locked in a fragile consolidation phase. Related Reading: 
Why XRP’s 0.16 Leverage Floor Ends The Era Of The Flash Crash – And the Hope 
for a Quick Recovery Recent on-chain data has added another layer to this 
narrative. According to blockchain analytics platform Arkham, Ethereum co- 
founder Vitalik Buterin has sold an additional 675.88 ETH, worth roughly $1.25 
million, in the past several hours. Over the last month alone, his total ETH 
sales have reached approximately 11,422 ETH, equivalent to about $23.33 
million at prevailing market prices. Buterin remains one of the most 
influential figures in the Ethereum ecosystem, widely recognized as the 
protocol’s principal architect and a key voice in its technical and strategic 
direction. Transactions associated with such prominent insiders often attract 
attention because they can influence market sentiment, even when motivated by 
operational, philanthropic, or diversification needs rather than outright 
bearish positioning. Vitalik&#8217;s Ethereum Distribution Progress Nears Completion 
On-chain tracking suggests that Vitalik Buterin’s recent transactions are part 
of a broader planned distribution totaling approximately 16,384 ETH. Based on 
the latest observed transfers, roughly 70% of that amount appears to have 
already been executed. This leaves an estimated 4,962 ETH — valued near $9.5 
million at current prices — potentially still pending. While these figures 
depend on wallet attribution accuracy, they provide a useful framework for 
interpreting recent market flows. From a market-structure perspective, such 
activity does not automatically imply directional intent. Large transfers from 
prominent figures often trigger short-term sentiment reactions because 
participants anticipate potential sell-side liquidity. However, historical 
precedent shows that founder-related transactions frequently relate to 
treasury management, ecosystem funding, or diversification rather than 
speculative positioning. In the near term, awareness that additional ETH may 
still enter the market can contribute to cautious positioning among traders, 
particularly in a fragile liquidity environment. Some participants may reduce 
exposure preemptively, which can amplify volatility even if actual selling 
volume remains moderate relative to total market depth. At the same time, 
markets typically absorb known supply events over time. If the remaining 
distribution proceeds gradually and demand remains stable, the overall price 
impact may remain contained rather than structurally bearish. Related Reading: 
The $33 Billion Drain: Bitcoin Realized Cap Craters as Capital Abandons the 
Network for a Second Month Price Tests Long-Term Support As Weekly Momentum 
Remains Under Pressure Ethereum continues to trade under sustained pressure, 
with price now hovering near the $1,900 zone after failing to reclaim the 
$2,000 psychological threshold. The weekly chart shows a clear loss of 
momentum following the rejection near the $3,500–$4,000 region earlier in the 
cycle, with lower highs and lower lows defining the current structure. This 
pattern typically reflects a transition from expansion to consolidation or 
corrective behavior rather than an immediate trend reversal. From a moving- 
average perspective, ETH is trading below the 50-week and 100-week averages, 
both of which are beginning to slope downward. This alignment generally 
signals weakening intermediate-term momentum. The 200-week average remains 
below price but is approaching as potential structural support, making this 
zone particularly relevant for longer-term positioning. Related Reading: The 
Saylor Discount: Why Bitcoin Trading Below Strategy’s Realized Price is a Gift 
for Late-Cycle Allocators Volume dynamics suggest increased activity during 
recent selloffs, indicating distribution rather than passive consolidation. 
However, there are early signs of stabilization as volatility compresses, 
often a precursor to either continuation or a relief rebound. If Ethereum 
fails to reclaim the $2,000–$2,200 region convincingly, downside probes toward 
the long-term average remain plausible. Conversely, sustained acceptance above 
that level would be required to rebuild bullish momentum and restore 
confidence among sidelined capital. Featured image from ChatGPT, chart from 
TradingView.com

How Vitalik Buterin’s 11,422 ETH Liquidation Is Testing Ethereum’s Bear Market Absorption – Details

Bitcoin price started a major increase above $68,000. BTC is now struggling to 
clear the $70,000 resistance and might correct some gains. Bitcoin started a 
fresh increase after it settled above the $67,000 support. The price is 
trading above $67,500 and the 100 hourly simple moving average. There was a 
break above a bearish trend line with resistance at $66,500 on the hourly 
chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if 
it trades below the $67,500 and $67,200 levels. Bitcoin Price Rallies 10% 
Bitcoin price managed to form a base above the $66,000 zone. BTC started a 
fresh increase and was able to surpass the $67,000 resistance zone. The price 
even rallied above the $68,000 resistance. Finally, the bears appeared near 
$70,000. A high was formed at $70,000, and the price is now correcting gains 
below the 23.6% Fib retracement level of the upward move from the $62,500 
swing low to the $70,000 high. Bitcoin is now trading above $67,500 and the 
100 hourly simple moving average. If the price remains stable above $67,500, 
it could attempt a fresh increase. Immediate resistance is near the $68,500 
level. The first key resistance is near the $69,200 level. A close above the 
$69,200 resistance might send the price further higher. In the stated case, 
the price could rise and test the $70,000 resistance. Any more gains might 
send the price toward the $71,200 level. The next barrier for the bulls could 
be $72,200 and $72,500. Another Decline In BTC? If Bitcoin fails to rise above 
the $68,500 resistance zone, it could start another decline. Immediate support 
is near the $67,500 level. The first major support is near the $67,200 level 
or the 50% Fib retracement level of the upward move from the $62,500 swing low 
to the $70,000 high. The next support is now near the $66,250 zone. Any more 
losses might send the price toward the $66,000 support in the near term. The 
main support now sits at $65,500, below which BTC might struggle to recover in 
the near term. Technical indicators: Hourly MACD – The MACD is now losing pace 
in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for 
BTC/USD is now above the 50 level. Major Support Levels – $67,500, followed by 
$67,200. Major Resistance Levels – $68,500 and $69,200.

Bitcoin Price Explodes Higher, $70K Level Faces Fresh Bullish Assault

XRP Ledger was deliberately engineered to prevent Ripple from controlling it, 
Ripple CTO Emeritus David Schwartz claimed, describing it as a design choice 
meant to shield the network from corporate influence, court orders, and 
regulatory pressure. Why Ripple Designed XRPL to Survive Even Court Orders and 
Corporate Pressure Ripple CTO Emeritus David Schwartz defended the […]

David Schwartz: We Built XRP Ledger So Even Ripple Can’t Control It

ETHZilla will now go by Forum in its second rebrand in less than 12 months as 
it looks to catch a windfall from the hype around tokenization.

ETHZilla shares pop as it rebrands to Forum in tokenization pivot

The Reform UK party was the first to accept crypto donations in May last year, 
with leader Nigel Farage announcing the group is accepting Bitcoin and other 
cryptocurrency contributions.

Cryptocurrency price in ILS