Vitalik Buterin ETH sales hit $35 million, exceeding planned 16,384 ETH allocation
The Block
Vitalik Buterin has sold 17,196 ETH worth about $35 million, surpassing his initially planned 16,384 ETH allocation.Summary
Ethereum co-founder Vitalik Buterin has sold 17,196 ETH since early February, totaling approximately $34.96 million, which exceeds the 16,384 ETH capital allocation he disclosed in January. Buterin had initially set aside that amount, valued then at roughly $45 million, as his "own share of the austerity" to be deployed over several years for open-source security and privacy projects. Notably, this latest tranche of sales occurred while Ether prices were gaining, contrasting with previous sales that correlated with price declines. Over the last 24 hours preceding the report, ETH gained nearly 10%, outperforming several other major cryptocurrencies.
(Source：The Block)