Vitalik and Ethereum Developers Have Dumped a Total of 11.3M Ethereum(9% of circulating supply) on to the Market.

Listen, I know everyone on this sub loves ethereum, but am I the only one who finds it strange that I haven't really heard much about Vitalik constantly selling? He premined ethereum, and gave himself/the dev team close to 12M ethereum. Here is the wallet link and evidence of the wallet being funded with 12M eth 2547 days ago.

https://preview.redd.it/8ilydapzlpe91.png?1087&format=png&auto=webp&s=84183870f726b82864aff56bbb89276e37f629d1

Lets show you guys an example of the wallet dumping eth. On May 17th 2021, the wallet transferred 35k eth to another wallet.

This is the transaction

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Lets have a guess what the wallet does next? Anyone want to guess? Yep, straight out to kraken to use you guys as his exit liquidity.

https://preview.redd.it/7uh4yo84mpe91.png?1301&format=png&auto=webp&s=34a45097c9f350e8e60332df8f2c8381202b5643

The next dump gets even better. November 11,2021 the ethdev waller transfers 20K ether out to the same wallet, which then again transfers it to Kraken where they dump it.

https://preview.redd.it/ej58eg76mpe91.png?1297&format=png&auto=webp&s=b573a5b07658ff9686933ede168cd54ebe4160a1

https://preview.redd.it/8a2txow7mpe91.png?1298&format=png&auto=webp&s=b59e02b01314e72e88858d266586179f921c2e8b

Now this is where things get interesting. Guess what day the bull market ended? Nov 8,2021.

https://preview.redd.it/akhmf7l9mpe91.png?1126&format=png&auto=webp&s=9d6f005ec99876a9442343746331e149a84279d1

I do hold eth and like it, but I think its fair to give eth the same criticism as we would all give to other shitcoins if the owners or VCs sell this much. Its up to you guys to decide if he timed the market to perfection, or he created the eth top and used you guys as exit liquidity. I think its pretty obvious.