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 <h2 id="ethereum-creator-vitalik-buterin-selling-eth">Ethereum Creator Vitalik Buterin Selling ETH</h2> 
 <p>According to data by PeckShieldAlert, a wallet address linked to Vitalik Buterin transferred 600 ETH worth nearly 1 million to Coinbase on August 21.</p>  
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 <p>Typically, the movement of ETH by Vitalik Buterin and the Ethereum Foundation is followed by a fall in ETH price. While the reason behind the recent transfer remains unknown, some speculate another massive selloff by Vitalik Buterin.</p> 
 <p>After the Shanghai upgrade, the Ethereum team is working on the Cancun upgrade, bringing account abstraction, increasing scaling, and improving storage effectiveness.</p> 
 <p><strong>Read More: Decentralized Social Platform Friend Tech Trumps Bitcoin and Uniswap in Total Fees</strong></p>  
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 <h2 id="ethereum-price-crashing-to-a-rel-noopener-noreferrer-nofollow-title-1000-href-https-thebittimes-com-tag-1000-html-1000-a">Ethereum Price Crashing to <a rel="noopener noreferrer nofollow" title="$1000" href="https://thebittimes.com/tag/1000.html">$1000</a>?</h2>  
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 <p>Popular crypto analyst Ali Martinez predicts a significant correction in ETH price if it falls below $1,550. He is targeting a 37%-45% correction, risking the price to fall to <a rel="noopener noreferrer nofollow" title="$1000" href="https://thebittimes.com/tag/1000.html">$1000</a>.</p> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">#Ethereum | Slipping beneath the $1,600 – $1,550 bracket for $ETH might set the stage for a significant 37% – 45% correction, targeting $1,000. pic.twitter.com/Xmo7Mgfux5</p> 
  <p>— Ali (@ali_charts) August 21, 2023</p> 
 </blockquote> 
 <p></p> 
 <p>Ethereum is at an inflection point as the chart structure is really weak. A break below the $1,600–$1,550 range will cause ETH price to fall suddenly. Moreover, CoinGape Media also reported lagging Ethereum network fundamentals. The monthly average of active Ethereum ($ETH) addresses is below the annual average, suggesting limited on-chain activity. This is a common indicator of diminished network health and utilization.</p> 
 <p>ETH price jumped 0.5% in the past 24 hours, with the price currently trading at $1670. The 24-hour low and high are $1665 and $1692, respectively. However, trading volume has decreased by 7% in the last 24 hours.</p> 
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  <li>Days Of Big Bitcoin Pumps Are Over: Bloomberg’s Mike McGlone</li> 
  <li>Whales Buying Shiba Inu Amid Shibarium Restart, SHIB Price To Rally?</li> 
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Vitalik Buterin Moves 600 ETH To Coinbase, Crash To $1000 Next?

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