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