Vitalik Buterin Sells 1,869 ETH in Two Days

Vitalik Buterin, co-founder of Ethereum, sold approximately 1,869 ETH worth about 3.7 million over the past two days through decentralized exchanges, including swaps for stablecoins via CoW Swap, as on-chain data from analytics firms indicated. The transactions occurred amid a broader decline in Ethereum's price, which fell more than 5 percent during the same period, trading around 1,875 on major exchanges.

Blockchain trackers, including Lookonchain and Arkham Intelligence, reported the sales as part of a pattern of disposals from wallets associated with Buterin. The recent activity followed a two-week pause and built on earlier moves this year, bringing his total ETH sales since February to over 8,000 tokens valued at roughly 18 million. Just prior to the latest sales, Buterin withdrew 3,500 ETH from the lending protocol Aave, with portions of that amount subsequently exchanged. Over several days, the swaps exceeded 3,100 ETH, totaling more than 6.1 million at current prices.

Despite these disposals, Buterin's on-chain Ethereum holdings remain substantial at more than 224,000 ETH, valued at approximately 426 million. This positions him as one of the largest individual holders...