Particle.news

Vitalik Buterin Extends ETH Disposals With About $7.3 Million in Latest On-Chain Sales

His wallets still hold more than 224,000 ETH, according to Arkham Intelligence.

Overview

  • Lookonchain reports that the vitalik.eth wallet sold 3,788.57 ETH over the past three days, worth roughly $7.3 million.
  • Arkham Intelligence data shows routine swaps of more than 3,100 ETH into stablecoins via CoW Swap in recent days, reflecting staged execution.
  • Since early February, tracked transactions have liquidated more than half of the previously earmarked 16,384 ETH funding allocation.
  • Ethereum is trading near $1,800 after a steep monthly slide of roughly 30% to 36%, extending recent pressure on the asset.
  • In a separate treasury move, the Ethereum Foundation says it has begun staking and plans to allocate about 70,000 ETH with rewards returned to its coffers.