In an astounding display of economic audacity, the quasi‑monarch of Ethereum, a certain Mister Vitalik Buterin, has decided to fling his ill‑fated fortunes into the quite respectable marketplace.
The noble gentleman, for the sake of brevity, has water‑logged the ether vault with an entrancing amount-nearly seven million dollars’ worth-over an astonishingly brief period of three days, according to the recent gossip of on‑chain analytics.
Credulous sources from the aforesaid blockchain analytics firm, Lookonchain, announced that Mr Buterin has off‑loaded a paltry 3,788.57 ETH in that short span. The act, noted with his customary disdain for restraint, arrives at a time when the entire crypto sphere is in the throes of correction, prompting affluent traders to wonder if the founder’s parade of liquidations is adding drama to a market already bent in its whisper.
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The “mild austerity” sell‑off
Earlier this month, That Very Gentle Vitalik, in a diabolical attempt at enforcing economic austerity, announced that he would be trimming the treasuries of the Ethereum Foundation and its affiliated entities-including the delightfully named Kanro-in a merciless parade of liquidities destined for the sacred cause of ecosystem development, grant‑making, and, of course, open‑source software.
Yet the velocity of these sales has been less of a whisper and more of a sword of Damocles over traders’ heads.
Lookonchain pointed out that Mr Buterin is “selling ETH faster again,” having already shed ample amounts-exceeding 8,800 ETH (roughly $16-18 million) since the month’s beginning. The rapid descent continued with a separated manifesto where he off‑loaded a further globetrotter’s share of 1,869 ETH ($3.67 million), causing a 5.7% wobble in the price of Ethereum, from €1,988 down to €1,875.
Small‑cash retailers, ever ready to hear the rumor that a wallet christened Vitalik- something signals a near‑future downturn, are likely to set their eyes on these stacks as proof that confidence is no more.
And so the grand man who appears to be the largest individual holder-maintaining a megalithic stash of over 224,000 ETH in his main wallet, valued at around $429 million according to Arkham Intelligence-remains a pufferfish on the horizon as the market’s breathing falters under his unyielding decree.
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2026-02-24 11:08