• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Vitalik Buterin's Sale of 5,000 DHN: Impact on the Crypto Market

user avatar

by Giorgi Kostiuk

10 hours ago


Vitalik Buterin, co-founder of Ethereum, sold 5,000 DHN tokens, prompting significant market changes and a 57% price drop.

Buterin's Token Sale

On March 18, 2025, Vitalik Buterin sold 5,000 DHN tokens for 65.19 ETH. This transaction caused a significant decrease in the DHN token's value, dropping from $38 to $16, before partially recovering to $22.5. Buterin continues to hold an additional 5,000 DHN tokens, emphasizing his influence on the market.

The sale of 5,000 DHN tokens for 65.19 ETH caused a dramatic market drop, with the price plummeting from $38 to $16.Vitalik Buterin

57% DHN Price Drop

The immediate effect of Buterin's transaction was a substantial decline in DHN token price, impacting traders and causing market fluctuations. The Ethereum market showed some degree of stability, trading around $1,898.25 with a recent 1.45% increase. However, strategic decisions by influential figures like Buterin can impact investor confidence.

Market Volatility Due to Major Holders

Historical data shows similar effects when notable stakeholders adjust their crypto holdings, often leading to temporary market volatility. Such actions can reflect broader market trends, adding caution among traders. Analysts suggest that these transactions represent a strategy of reallocating assets, possibly in response to economic conditions.

Vitalik Buterin's actions once again highlight the importance of strategies by prominent figures in the crypto market, affecting asset prices and market perceptions.

0

Share

Other news

Solana Futures on CME: Initial Insights

Solana (SOL) futures on the CME launch with low interest. Trading volume was $12.3 million, open interest - $7.8 million.

user avatarGiorgi Kostiuk

an hour ago

Digital Currency Trials: Plans of the Bank of Korea

The Bank of Korea starts CBDC trials with 100,000 participants and major banks, assessing digital currency capabilities.

user avatarGiorgi Kostiuk

an hour ago

Bitcoin Price Drop: A Buying Opportunity or a Warning?

Analysts suggest Bitcoin's recent price drop could be a buying opportunity rather than a bear market warning.

user avatarGiorgi Kostiuk

an hour ago

Ethereum's Position Weakens: Another Fall Against Bitcoin

Ethereum remains oversold against Bitcoin amid negative market and on-chain data.

user avatarGiorgi Kostiuk

an hour ago

Latest Arctic Pablo Coin News: Presale, Token Burn, and Staking

Analyzing the latest developments of Arctic Pablo Coin, including presale, token burn, and staking opportunities.

user avatarGiorgi Kostiuk

an hour ago

Binance CEO Dismisses Trump Deal Talks Rumors

Binance CEO Richard Teng dismisses Trump family deal talk rumors at the 2025 Digital Asset Summit.

user avatarGiorgi Kostiuk

an hour ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.