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BTC $63,355.10 +1.23%
ETH $1,666.17 +1.08%
BNB $601.30 +1.14%
XRP $1.12 +2.36%
SOL $66.70 +2.51%
TRX $0.3150 -2.01%
DOGE $0.0868 +2.38%
ADA $0.1711 +3.36%
BCH $204.58 +2.27%
LINK $7.85 +1.12%
HYPE $58.56 +6.43%
AAVE $64.03 +1.33%
SUI $0.7538 +0.47%
XLM $0.1921 +1.00%
ZEC $430.64 +1.52%

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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