Vitalik Buterin Sells 10,723 ETH This Month, Cashing Out $21.74 Million

According to recent on-chain monitoring by OnchainLens, Ethereum co-founder Vitalik Buterin has continued reducing his ETH holdings in February. As of February 24, he sold 3,765 ETH over a three-day period, netting around $7.08 million.

Since February 2, Vitalik has offloaded a total of 10,723 ETH, equivalent to approximately $21.74 million, at an average price of $2,027 per ETH.

Charitable Initiative Update

In a public announcement made on January 30, Vitalik disclosed plans to withdraw 16,384 ETH to support the development of open-source full-stack verifiable software and hardware. To date, he has sold approximately 65.44% of the planned amount — 10,723 ETH.

• Vitalik’s ETH sales attract significant market attention
• Funds raised may be allocated to tech-driven philanthropy
• Market impact from these transactions remains minimal