On-Chain Data Reveals Major Ethereum Token Sales by Vitalik
Recent blockchain analytics show that Vitalik, co-founder of Ethereum, sold 1,694 ETH within a 36-hour period, equating to an estimated value of $3.3 million based on current market prices.
Total Sales Approach $18 Million
Since February 2, Vitalik has consistently reduced his ETH holdings, selling a total of 8,651 tokens so far. With an average sale price of $2,077, the total proceeds from these transactions amount to nearly $17.97 million.
Still Holds Over $20 Million in ETH
Despite significant ETH disposals, Vitalik retains 10,676 Ethereum tokens in his wallet. At current valuations, this remaining balance represents approximately $20.86 million in crypto assets.
- 1,694 ETH sold in 36 hours
- Average sale price: $2,077
- Total proceeds: ~$17.97 million
- Remaining holdings: ~$20.86 million