New on-chain data shows that within the first four days of February, Ethereum co-founder Vitalik Buterin sold a total of 6,183 ETH. The aggregate value was about $13.24 million, according to the data. The trades, executed over multiple days, underscore continued management of his Ethereum holdings, though the motive remains unclear.
Market observers say that sales by prominent holders can influence price dynamics, but large transactions from notable figures are not unusual as investors rebalance portfolios. There has been no public statement from Buterin regarding these trades, and on-chain data remains the primary source for the disclosed totals.
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