Market Watches Vitalik's Gradual ETH Sales
According to latest data from blockchain monitoring platform OnchainLens, Ethereum co-founder Vitalik Buterin has been conducting systematic ETH sales recently. Over the past 4 days, his wallet transferred 4,326 ETH worth approximately $8.12 million at current market rates.
Significant Volume Sparks Industry Discussion
Since February 2, 2024, the wallet associated with Vitalik has moved a total of 11,284 ETH. With an average transaction price of $2,027, this represents a total value of $22.78 million. Notably, all transfers were completed through direct blockchain transactions without involving any coin mixing services.Transaction Pattern Analysis
On-chain records reveal:- All transactions are publicly verifiable through blockchain explorers
- Funds primarily flowed to multiple exchange addresses
- Single transaction sizes maintained between 500-1,500 ETH
- Sales pattern shows 2-3 weekly transactions frequency