Ethereum Co-Founder Sells Millions Amid Crypto Market Downturn
Ethereum co-founder Vitalik Buterin has continued to sell his ETH holdings in recent days, sparking concerns among traders about the impact on the crypto market.
According to on-chain data, Buterin has sold over 3,100 ETH worth approximately $6.1 million since the start of February, with a significant portion of those sales occurring over the weekend.
This is part of a broader trend of Ethereum's price decline, which has dropped by around 35% in the past month and now sits at around $1,900.