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Vitalik responded to the sale of ETH yesterday: initiated by a funded project and has triggered the last time-weighted order

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2024-09-12 03:27:54
Ethereum co-founder Vitalik Buterin said on social media in response to a suggestion from Twitter users that it stop selling ETH, "Yesterday's ETH sell-off was initiated by a biodefense group I funded and was triggered by an automated CoWSwapTWAP order set back on August 29. This is the last order."
The Time-Weighted Average Price (TWAP) order launched by DEX aggregator CoW Swap allows traders to spread their trades over a specified period of time to smooth market price fluctuations in order to obtain a position of the average market price.
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