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BTC $63,486.77 -2.88%
ETH $1,884.18 -4.28%
BNB $564.74 -1.74%
XRP $1.05 -4.68%
SOL $73.34 -4.16%
TRX $0.3246 -2.08%
DOGE $0.0703 -3.59%
ADA $0.1568 -5.53%
BCH $212.64 -2.00%
LINK $8.32 -5.74%
HYPE $55.30 -7.69%
AAVE $97.62 -4.51%
SUI $0.6808 -5.10%
XLM $0.1724 -5.35%
ZEC $471.26 -6.63%

Vitalik responds to yesterday's sale of ETH: initiated by funded projects and has triggered the last time-weighted order

2024-09-12 11:30:28
Collection

ChainCatcher message, Ethereum co-founder Vitalik Buterin responded to a Twitter user's suggestion that he stop selling ETH, stating: "Yesterday's ETH sale was initiated by a biodefense organization I funded, triggered by an automated CoW Swap TWAP order set up as early as August 29. This is the last order."

It is reported that the time-weighted average price (TWAP) orders launched by the DEX aggregator CoW Swap allow traders to spread trades over a specified period to smooth out market price fluctuations and achieve an average market price position.

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