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Vitalik just sold 493 ETH, approximately $1.16 million — the first fragment out of 16,384 ETH, roughly $40 million, that was withdrawn from a personal wallet four days ago.
This marks the first move where Vitalik directly supports the Ethereum Foundation to nurture and strengthen the ecosystem.
Vitalik stated that over the next five years, the EF will enter a "belt-tightening" phase to achieve long-term goals of sustainability, decentralization, and core development.
He also emphasized that Ethereum is built for those who truly need it, not to serve large corporations. The open ecosystem Ethereum pursues is not a "pay $200/month to use API" model, but a truly open platform where technology serves users — not the other way around.
Stay strong, everyone, I believe in this passion 😬
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Let's keep pushing forward, together!
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