Vitalik Buterin's ongoing ETH sales, totaling $64 million in February, are contributing to market pressure as small, frequent transactions persist.
Vitalik Buterin, Ethereum's co-founder, has offloaded approximately $64 million worth of ETH since February, with $700,000 in sales in the past hour alone. These sales are continuing as part of frequent, smaller transactions amid the ongoing market decline, adding to observed selling pressure on ETH.