Interesting pattern is emerging in Arkham data - Vitalik Buterin has sold a large amount of ETH over the past few months. In January-February, approximately 17,196 ETH was off-chain, reducing his holdings by 7%. Currently, ETH is around $2.32K, so the sales during that time likely raised significant funds.



The interesting thing is that Vitalik Buterin's sales are never for personal expenses. Data shows that in February, he sent 500,000 USDC via CoW Protocol to Kanro (his biotech charity). He also provided funds to the Ethereum Foundation. This all indicates long-term commitments.

Looking at the historical pattern, Vitalik Buterin tends to make large sales and donate. In 2021, he donated 2.32k SHIB for India's COVID relief. He's still doing the same now. He still holds $450 million worth of ETH and wETH positions, so these sales aren't weakening his stack. For Vitalik Buterin, this is just a way to support the protocol and society.
ETH-0.03%
COW-1.33%
USDC0.02%
SHIB-0.06%
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