
According to Onchain Lens, Ethereum co-founder Vitalik Buterin has sold over 11,000 ETH since February 2, reflecting ongoing liquidation efforts to finance ecosystem development.
Vitalik Buterin sold 4,326 ETH worth $8.12 million over the past four days, bringing his total Ethereum sales since February 2 to 11,284 ETH valued at $22.78 million, according to Onchain Lens. These transactions, averaging $2,027 per ETH, continue his earlier plan to fund ecosystem and open-source projects during the Ethereum Foundation’s cost reduction phase. Despite extensive liquidations, Buterin still holds more than 224,000 ETH worth approximately $429 million.