Vitalik Buterin Sells $7 Million in Ethereum as ETH Price Sinks 30%

Ethereum co-founder Vitalik Buterin is unloading millions of dollars' worth of ETH into a rapidly declining market. On February 22, Lookonchain revealed that Buterin withdrew 3,500 ETH— valued at approximately $6.95 million — from the DeFi protocol Aave. Within hours of the withdrawal, he had already sold 571 of those tokens for $1.13 million. Buterin's Selling Lands Amid Ethereum's Oversold Signals The sudden movement of assets highlights a stark contrast between Buterin’s stated long-term financial st ...