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Vitalik Buterin Sells $3.67M in Ether as Ethereum Slides to 20-Day Low
Ethereum co-founder Vitalik Buterin has sold 1,869 ether worth about $3.67 million over the past two days, adding supply to a market that has already been trending lower. The transactions followed the withdrawal of 3,500 ether from Aave, according to blockchain data tracked by Lookonchain. The latest disposals form part of a broader plan outlined in late January, when Buterin said he would withdraw and liquidate 16,384 ether to finance ecosystem development, open-source software, and other initiatives while the Ethereum Foundation enters what he described as a “mild austerity” phase. Since Feb. 2, he has ... (full story)
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