Ethereum Prices Plunge Amid Sales and Regulatory Changes

Vitalik Buterin sold over 8,800 ETH worth $18.45 million as ETH price dropped by 22.7%. Meanwhile, large investors are selling their ETH holdings, with one investor moving $14,000 to Coinbase after nearly 9 years. The EU’s MiCA regulation starts on July 1, requiring strict compliance from all crypto firms trading Ethereum, potentially impacting the ecosystem.

Source: https://www.tradingview.com/news/tradingview:1c6a1c8dbdec3:0-key-facts-buterin-sells-8-800-eth-whales-offload-1-43m-eth-eu-s-mica-regulation-starts