Vitalik Just Roasted Useless dApps While Whales Gobble Up ETH
April 16, 2025 at 9:48 AMby The Block Whisperer
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Vitalik criticizes purpose-lacking dApps while major whale purchases $26M in ETH amid continued development progress.
Ethereum's skinny king is fed up with your gambling protocols and ponzinomics.
Vitalik just went on Warpcast and basically told devs to stop wasting Ethereum's potential on useless crap.
Meanwhile, as retail cries about price action, some massive whale just dropped $26M on ETH like it's nothing.
Buterin didn't mince words in his latest social post about what's wrong with most dApps.
"Apps are 80% special purpose," he wrote, which is his polite way of saying your values determine whether you build something worthwhile or just another pump and dump.
He gave props to Railgun and Polymarket for actually having a "good social philosophy" behind their code.
But he trashed Pumpdotfun and reminded everyone why FTX was garbage – both turned crypto into glorified gambling instead of something useful.
It's like watching your disappointed dad tell half your siblings they're embarrassing the family name.
While CT debates Vitalik's philosophy, smart money is making serious moves.
Some gigabrain just scooped up 15,953 ETH worth over $26M, splitting it across six different wallets.
They yanked the ETH from OKX, deployed it to Aave as collateral, then borrowed USDT against it – classic whale tactics straight out of the playbook.
Another big player just nabbed 4,224.5 ETH around $1,619, showing the big boys think ETH is cheap at these levels.
These aren't your average joe traders – these are the kind of moves that happen before major market shifts.
Price action is boring everyone to death, but Ethereum's development metrics are off the charts.
The network just logged over 7,900 development events, absolutely crushing wannabe competitors like BNB Chain and Polygon.
Pectra upgrade is still coming in May 2025, promising all the usual hopium about scaling, efficiency, and better user experience.
All this happening while most of crypto is busy chasing the next dog token or wondering when their underwater bags might recover.
The contrast between builder culture and degen gambling has never been more obvious.
ETH is stuck around $1,624, putting most traders to sleep with its sideways action.
The RSI just hit 44.31 though, and the MACD bearish momentum is running out of steam fast.
We've seen this pattern before previous ETH pumps – extended boredom followed by everyone getting caught offside.
When sentiment sucks this bad and whales are loading up, contrarians start licking their chops.
Vitalik basically asked a question nobody wants to answer: are we building something valuable or just a more addictive casino?
The real players get it – they're focusing on meaningful development while everyone else chases quick pumps.
ETH usually runs hardest when actual innovation happens, not when SBF types are pumping worthless tokens.
The difference between Ethereum becoming serious global infrastructure or just another token platform comes down to what devs choose to build.
Ethereum's standing at the crossroads between revolutionary tech and just another gambling platform.
Vitalik's clearly betting on the former, and whales seem to agree based on their recent buys.
The real question isn't about current price – it's about whether Ethereum delivers on its promise as more than just speculation.
And in the meantime, someone's probably already making a token called $ETHICS to cash in on Vitalik's message about ethics – because crypto gonna crypto.
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