Vitalik Buterin Convinced the Ethereum Foundation to Sell $100m o Ether in 2017

Vitalik Buterin provided some interesting insights as to how the Ethereum Foundation managed its holdings. Interestingly enough, Vitalik Buterin is the one responsible for convincing the Foundation to take this course of action.

To make things more interesting, Vitalik Buterin sold 30,000 of his own holdings, netting him $22 million. There simply isn’t enough value to warrant such high values for most cryptocurrencies, according to Vitaik Buterin.

Timeline of Ethereum