🚨 Vitalik Buterin sold more than 10,000 ETH in three weeks
The co-founder of Ethereum continues to actively move funds from his public wallet.
📊 What is known:
▪️ More than 10,000 ETH sold in three weeks
▪️ Total amount — about $21 million
▪️ In the last 3 days before February 24, transferred 3765 ETH (~$7+ million) to CoW Swap
▪️ Average sale price — about $2027 per ETH (according to OnchainLens)
⸻
On January 30, Buterin reported that he allocated 16,384 ETH for funding open technological and financial projects, as well as long-term initiatives.
That is, part of the sales may be related not to an 'exit', but to the redistribution of capital for ecosystem development.
He still publicly supports the infrastructure and technologies of Ethereum.
⸻
📉 What about the market?
💰 ETH now: about $1.8k
📉 -38% over the last month
Historically, large sales by Buterin have often coincided with local price downturns.
The market reacts sensitively to movements of his wallet.
⸻
🤔 The question is:
Is this just operational liquidity and project funding?
Or a signal that turbulence is still ahead?
The co-founder of Ethereum continues to actively move funds from his public wallet.
📊 What is known:
▪️ More than 10,000 ETH sold in three weeks
▪️ Total amount — about $21 million
▪️ In the last 3 days before February 24, transferred 3765 ETH (~$7+ million) to CoW Swap
▪️ Average sale price — about $2027 per ETH (according to OnchainLens)
⸻
On January 30, Buterin reported that he allocated 16,384 ETH for funding open technological and financial projects, as well as long-term initiatives.
That is, part of the sales may be related not to an 'exit', but to the redistribution of capital for ecosystem development.
He still publicly supports the infrastructure and technologies of Ethereum.
⸻
📉 What about the market?
💰 ETH now: about $1.8k
📉 -38% over the last month
Historically, large sales by Buterin have often coincided with local price downturns.
The market reacts sensitively to movements of his wallet.
⸻
🤔 The question is:
Is this just operational liquidity and project funding?
Or a signal that turbulence is still ahead?