When the news that Vitalik Buterin sold over 7,000 ETH this month spread, the market's first reaction was "faith is collapsing." But looking calmly, 7,000 ETH is just a small splash in the overall circulating supply. What was truly amplified was the psychological impact of "who is selling."
Ethereum is no longer a "single-threaded project driven by the founder," but an ecosystem built collaboratively by developers, validators, Layer 2, and DeFi. Network operation, staking scale, Gas consumption, and application activity are the fundamentals. The founder selling tokens is more like asset rebalancing rather than a power cut. If faith is based on "he will never sell," then it is inherently fragile. Truly mature consensus allows core figures to also make rational adjustments. Emotions may fluctuate, but the protocol continues to produce blocks as usual. Instead of anxiety, it's better to ask: Is the ecosystem progressing? As long as the answer is "yes," then the so-called crisis of faith is more like a psychological stress test. #我在Gate广场过新年
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When the news that Vitalik Buterin sold over 7,000 ETH this month spread, the market's first reaction was "faith is collapsing." But looking calmly, 7,000 ETH is just a small splash in the overall circulating supply. What was truly amplified was the psychological impact of "who is selling."
Ethereum is no longer a "single-threaded project driven by the founder," but an ecosystem built collaboratively by developers, validators, Layer 2, and DeFi. Network operation, staking scale, Gas consumption, and application activity are the fundamentals. The founder selling tokens is more like asset rebalancing rather than a power cut.
If faith is based on "he will never sell," then it is inherently fragile. Truly mature consensus allows core figures to also make rational adjustments. Emotions may fluctuate, but the protocol continues to produce blocks as usual. Instead of anxiety, it's better to ask: Is the ecosystem progressing? As long as the answer is "yes," then the so-called crisis of faith is more like a psychological stress test.
#我在Gate广场过新年