21,700 ETH is it a storm or a ripple?

The number sounds shocking, but market capacity is more important. Ethereum's daily trading volume and total circulating supply far exceed this scale. What truly influences trends are global capital flows and changes in risk appetite. Vitalik Buterin's reduction is more like throwing a stone on a lake surface rather than an approaching tsunami.
From a market structure perspective, ETF funds, institutional allocation ratios, and staking yields are more decisive variables. If these indicators remain stable, the impact of the founder selling tokens is mostly a short-term psychological effect.
Additionally, the founder has not "completely liquidated" but is selling in stages. The two are entirely different. The former indicates a change in attitude, while the latter is more like asset optimization. Confusing the two can lead to misjudging the trend.
For traders, such news often provides volatility opportunities; for long-term investors, it’s a moment to test their convictions. A true bull market won't end because of a single reduction, and a true bear market won't reverse because of one person's holdings.
Finally, a word of advice: the market is best at amplifying emotions, but time is best at correcting them. Instead of being led by news, it’s better to establish your own rhythm. That way, no matter who sells tokens, you can remain calm and steady.