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>>Vitalik Buterin’s calculated $21 million ETH sale drives growth in the Ethereum ecosystem.

Vitalik Buterin’s calculated $21 million ETH sale drives growth in the Ethereum ecosystem.

crypthub

about 3 hours ago

Sale Details

Vitalik Buterin sold 10,723 ETH in February for about $21.7 million at $2,027 each. The sale followed his earlier announcement to dispose of 16,384 ETH for ecosystem support. Onchain Lens shows the tokens were sold in several batches.

Execution & Market Impact

A 3,765 ETH batch (~$7.1 million) was executed in the last three days, indicating timing. Prices matched February’s range, suggesting a methodical approach. Ethereum’s price remained stable with normal volatility.

Purpose and Funding

Buterin said the proceeds will fund grants, protocol research, and Web3 public‑goods projects. Publicly stating the intent reduced speculation and aligned expectations. He retains a large ETH balance, so the sale is a reallocation, not an exit.

Broader Implications

The transparent sale is cited as a model for responsible founder liquidity, boosting trust and lowering systemic risk. Institutional investors now expect such openness from major token holders. This practice reflects a maturing market focused on long‑term development.

Vitalik Buterin’s calculated $21 million ETH sale drives growth in the Ethereum ecosystem.

Sale Details

Execution & Market Impact

Purpose and Funding

Broader Implications

Vitalik Buterin’s calculated $21 million ETH sale drives growth in the Ethereum ecosystem.