Details of the Sell-Off
According to the latest monitoring by OnchainLens, Ethereum co-founder Vitalik Buterin recently sold 428.57 ETH, equivalent to approximately 850,178 GHO stablecoins. Analysis suggests this could be the beginning of a larger-scale sell-off.
Since February 2, Vitalik has sold a total of 7,386 ETH. At an average price of $2,100 per ETH, this sale totals around $15.51 million, sparking widespread discussion across the crypto community.
On-Chain Address Tracking
The following Ethereum address has recorded the related transactions:
0xfEB016D0D14AC0Fa6d69199608B0776d007203B2