When Vitalik Buterin presses the "sell" button, what is the market imagining?

There's an interesting phenomenon in the crypto world: as long as Vitalik Buterin moves his wallet, the candlestick charts seem to come with an emotional filter. 21,700 ETH sounds like a lot, but within the vast Ethereum ecosystem, it doesn't constitute a structural shock. The real volatility often stems from market imagination.
The logic behind selling might be quite simple—diversify risk. The founder holding a large amount of ETH long-term is already exposed to price fluctuations. Moderate trimming is a common move for mature investors. If he never sells, it could mean the assets are overly concentrated.
Another possibility is to nourish the ecosystem. Historically, he has used some assets to fund research and public welfare. Selling isn't necessarily divestment; it could be a different form of reinvestment. For long-term builders, network development is more important than short-term prices.
Of course, short-term traders will exploit such news to create volatility. Both bulls and bears will take the opportunity to play their hand, with liquidations and tug-of-wars intertwined, causing prices to fluctuate wildly. But this is more emotional trading than a fundamental collapse.
To sum up: the market loves stories, but ultimately asset prices will return to supply, demand, and value. Don't interpret a single reduction as an epic saga—approach it rationally, so you won't lose your way in the tide of emotions. #V神卖币