Vitalik Buterin Sells 19,318 ETH Worth $38.7 Million

Vitalik Buterin's Significant ETH Transaction Analyzed

According to data from blockchain monitoring platform OnchainLens, Ethereum co-founder Vitalik Buterin has executed a notable asset movement from his wallet.

The 0xfeb wallet address has completely liquidated its holdings of 19,318 ETH. At current market valuations, this transaction represents approximately $38.7 million with an average selling price of $2,004.

Currently, only 8.6 ETH remain in this wallet, indicating a complete portfolio clearance. This development has generated substantial discussion within the cryptocurrency community.

• Sold Quantity: 19,318 ETH
• Total Value: $38.7 million
• Average Price: $2,004
• Remaining Balance: 8.6 ETH

This event highlights how major cryptocurrency holders' movements can influence market sentiment. While not necessarily indicating a bearish outlook, the transaction is certainly drawing close attention from market participants worldwide.