Ethereum News Today: Vitalik Sells $6.6M and SUI Crashes, Indicating Ethereum’s Time Has Passed, while DeepSnitch AI Is the Next Crypto to Explode

Ethereum news today is dominated by the development that co-founder Vitalik Buterin has sold approximately 2,961 Ether worth $6.6 million over a three-day period. This massive liquidation comes on the heels of an announcement that the Ethereum Foundation is entering a period of “mild austerity,” a phrase that has sent chills through the market. 

Similarly, competitors like Sui are suffering crashes. DeepSnitch AI has defied the downturn, raising over $1,500,000 in Stage 5 of its presale. Many investors believe DeepSnitch AI is positioning itself as the next crypto to explode, offering the huge returns that mature assets can no longer provide.

Vitalik’s sale and mild austerity

The latest ETH headlines are Vitalik Buterin’s strategic exit. Blockchain tracker Lookonchain reported that the transactions were executed at an average price of about $2,228 per Ether, just before the price slipped further to around $2,130. 

The sales were routed through CoW Protocol using multiple small swaps to minimize market impact, a sign of a carefully calculated liquidation. This move follows Buterin’s pledge to provide $45 million in ETH for privacy and open infrastructure, but the timing aligns with a broader contraction. 

Adding to the bearish sentiment, Tron has now surpassed Ethereum in stablecoin supply, particularly USDT, signaling a shift in competitive dynamics.

The best coin to buy now, ahead of the Ethereum news today

DeepSnitch AI ($DSNT): The next crypto to explode

DeepSnitch AI is advancing. The project has successfully raised more than $1,500,000 in its ongoing presale, with the price currently fixed at $0.03830 in Stage 5. Early investors are already seeing paper gains of over 153%, proving that demand for AI trading intelligence remains high even in a bear market.

The bullish case for DeepSnitch AI is strengthened by its postponed launch strategy. This creates multiple layers of value. Presale holders enjoy exclusive access to live tools while the public remains locked out.

Moreover, buying now offers a late-stage early entry, securing a mature product at a discount. With the potential to list on Tier-1 crypto exchanges and a staking program with 34 million tokens locked for dynamic, uncapped APY, the supply at launch will be incredibly scarce.

Consider a $2,000 investment at the current price. This gets you about 52,219 DSNT tokens. If DeepSnitch AI hits a target of $1.92, that $2,000 would explode into $100,000.

Ethereum news today

Ethereum news today shows a network under siege. The coin has declined by more than 31% in the last seven days as of February 5th, underperforming a global market that is down nearly 20%. Despite a 13% increase in trading volume, likely driven by selling pressure, the price remains depressed.

Compounding the risk is the behavior of key insiders. Consensys founder Joseph Lubin recently deposited 15,000 ETH into MakerDAO to borrow 4.1 million DAI. While this could be a hedging strategy, it adds leverage to the system at a time of high volatility. With the Foundation cutting costs and founders selling, the narrative for ETH headlines has shifted from growth to preservation.

Sui market update

Sui serves as another example of why network updates alone cannot save price action in a bear market. The token has crashed 27% in the last week, within the same period as the Ethereum news today, with sentiment hitting extreme fear. 

Volatility is very high, and the RSI indicates the asset is oversold. While Sui is a capable smart contract platform, it is correlated with the broader market’s downturn. On the other hand, DeepSnitch AI’s utility is very relevant because traders need it more when the market is crashing to find safe entries.

Final thoughts

Vitalik is selling, but you should be buying the future, not the past. DeepSnitch AI is the innovation that will define the next cycle. This is the Ethereum news today takeaway: the torch is being passed.

A $2,000 investment at the Stage 5 price of $0.03830 secures roughly 52,219 DSNT tokens. However, using the bonus code DSNTVIP30 grants you a 30% bonus, boosting your stack to over 67,800 tokens. 

So, if DeepSnitch AI hits just $1.92, your portfolio becomes worth over $130,000.

Visit the official DeepSnitch AI website, join Telegram, and follow on X for more updates.

FAQs

What is the biggest Ethereum news today?

The biggest Ethereum news today is co-founder Vitalik Buterin selling $6.6 million worth of ETH as the Ethereum Foundation enters a period of “mild austerity.”

Has Ethereum’s time really passed?

While Ethereum remains a key infrastructure layer, its high market cap and recent underperformance suggest its phase of huge growth is over. Investors seeking massive returns are shifting to DeepSnitch AI.

Why is Sui crashing?

Sui is crashing due to broader market fear and a lack of immediate catalysts. Unlike DeepSnitch AI, which offers essential trading tools, Sui is struggling to differentiate itself in a saturated L1 market.

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