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An Ethereum founder's wallet just moved, liquidating some freely distributed tokens for roughly 9.4 ETH—equivalent to $29.4K at current rates. 🔍
This kind of founder wallet activity always sparks debate. Is it a signal? A rebalance? Or simply moving dust?
When core team members shuffle positions, the narrative gets interesting. Some see it as confidence in the project (why sell if bearish?), others read it as profit-taking after a rally. The thing is, these moves rarely tell a complete story on their own.
What's your take—do you track founder movements as a market indicator, or is it just noise in the broader ETH ecosystem?