Ethereum Co-Founder Vitalik Buterin Sells Over $64 Million in ETH Since February
Vitalik Buterin’s active ETH sales have reached approximately $64 million, continuing a trend of frequent transactions amid ongoing market volatility.
ETH
Fact Check
Multiple independent and credible sources, including Coindesk, Yahoo Finance, CryptoRank, BingX, and Binance, consistently report Vitalik Buterin's recent sale of approximately 3,788.57 ETH valued at $7.3 million over a period of about three days. These reports cite either direct blockchain data or reputable market analytics, and they describe the event with consistent figures for both volume and value. The linked address is publicly associated with Buterin, and transactions are verifiable on-chain. No credible sources contradict this information, and while some reports discuss larger cumulative ETH sales over different timeframes, they do not challenge the accuracy of the $7.3 million figure for the specific sales mentioned. The strong alignment across high-authority, high-relevance sources, backed by transparent transaction records, makes the statement very likely to be true.
Summary
Vitalik Buterin, Ethereum’s co-founder, has sold a total of approximately $64 million in ETH since February, with around $700,000 worth of ETH sold in the past hour. His transactions remain active and frequent as he navigates the ongoing market decline, continuing his pattern of divestment amid fluctuating crypto conditions.
Terms & Concepts
- ETH: The native cryptocurrency of the Ethereum network, used for transactions, smart contract execution, and staking.
- Ethereum: A blockchain platform enabling smart contracts (self-executing blockchain code) and decentralized applications (dApps).
- Blockchain analytics: The study of blockchain data to monitor transactions, holdings, and patterns of network activity.