Overview
- On-chain trackers Lookonchain and Arkham report Buterin sold 19,326 ETH for about $39.36 million at an average price near $2,037, concluding his preannounced funding plan.
- Ethereum trades around $2,050 after a roughly 37% monthly slide, with recent attempts to stabilize following heightened volatility.
- Data from SoSoValue shows spot ethereum ETFs recorded a fifth straight week of outflows, with $123.4 million last week and nearly $1.4 billion over the streak.
- Avenir Group’s Kelly Ye says Buterin’s disposals historically fund ecosystem or philanthropic efforts and may pressure sentiment without signaling weaker conviction.
- BitMine Immersion Technologies disclosed roughly $100 million in ETH purchases last week, citing a continued treasury accumulation strategy.