looks like vitalik moved some weth into stables.
the screenshots show cielo bot (a wallet tracker) flagging swaps on cowswap (dex aggregator) from weth → pyusd, eurc, and lusd.
pyusd = paypal’s usd stablecoin
eurc = circle’s euro stablecoin
lusd = liquity’s decentralized usd stablecoin
net effect: trimming eth exposure, increasing stables. could be treasury mgmt, diversification, or just routine rebalancing. no signal of doom afaict-just portfolio hygiene.
devs taking profit? sometimes. apocalyptic alpha? unlikely.