Vitalik Buterin Sells 5K DHN Tokens for $124K, Triggering 50% Price Drop
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Vitalik Buterin sold 5,000 DHN tokens for $124,000, causing a 50% drop in the token's price. Dohrnii Labs is offering to arrange an OTC sale for Buterin's remaining 5,000 DHN tokens.
March 18, 2025 | 4:30 pm
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Vitalik Buterin's sale of 5,000 DHN tokens for $124,000 led to a 50% drop in the token's price. Dohrnii Labs is offering an OTC sale for the remaining tokens.
The sale by a prominent figure like Vitalik Buterin significantly impacted the DHN token's price, causing a 50% drop. The offer for an OTC sale suggests attempts to stabilize the market, but the initial impact is negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100