Overview
- Arkham Intelligence data shows wallets attributed to Buterin fell from roughly 241,000 ETH to 224,000 ETH over the month.
- Most sales were executed as many small trades on CoW Protocol to limit slippage rather than single large transactions.
- Ether is trading near $1,900 after a roughly 37% monthly decline, a backdrop that has sharpened focus on any visible selling.
- On-chain watchers report that the flows have added psychological selling pressure and raised sentiment concerns among longer-term holders.
- CoinDesk reports estimates that some corporate holders such as Bitmine Immersion Technologies face large unrealized losses after a steep multi-month drawdown, with staking yields near 2.8% as more than 30% of supply remains locked.