Overview
- On-chain data shows Vitalik Buterin sold 19,326 ETH for about $39.36 million at an average price near $2,037, marking completion of a major round of disposals.
- The cumulative sales exceed his January pledge to withdraw and sell 16,384 ETH to support long-term, privacy-oriented open-source development.
- Transactions moved from his Gnosis Safe with wrapped ETH settlements routed through CoW Protocol in numerous small batches designed to limit slippage.
- Ethereum trades near $2,000 after a roughly 37% monthly decline, with volatility elevated and Binance funding rates having flipped back to positive.
- Flows remain mixed as spot ETH ETFs posted $123.4 million in weekly outflows and roughly $1.4 billion over a multi-week stretch, while BitMine disclosed about $100 million in recent purchases.