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Ethereum Dumps 5%: Why Is Co-Founder Vitalik Buterin Selling?

Ethereum (CRYPTO: ETH) is down 5% over the past 24 hours, extending its monthly decline to around 38%.

CryptocurrencyTickerPriceMarket Cap7-Day TrendEthereum(CRYPTO: ETH)$1,819.76$219.7 billion-8.3%Bitcoin(CRYPTO: BTC)$62,905.46$1.25 trillion-7.7%XRP(CRYPTO: XRP)$1.33$81.3 billion-8.6%

Trader Notes: Crypto trader Don Wedge said Ethereum is sitting at a major support zone with two likely paths: either a bounce from current levels or a sweep of key support before reversing higher.

In both scenarios, he expects an eventual shift into an uptrend, though timing the exact bottom remains difficult.

He added that Ethereum often feels slow and uneventful before sharp rallies, historically catching…

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