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Buterin Advances ETH Sale Plan, 70% Already Liquidated


by Coin Edition
for CoinEdition
Buterin Advances ETH Sale Plan, 70% Already Liquidated

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AI Overview

Vitalik Buterin has sold over 11,400 ETH, totaling approximately $23 million, completing about 70% of his planned liquidation. Ethereum faces resistance at $2,000 and support near $1,850 amidst ongoing market volatility.

Bearish
  • Vitalik Buterin has sold over 11,400 ETH worth roughly $23 million since Feb. 2
  • About 70% of his planned 16,384 ETH liquidation has now been completed.
  • ETH faces resistance at $2,000, with key support holding near the $1,850 level.

Ethereum co-founder Vitalik Buterin is once again in the headlines after on-chain data revealed a steady wave of ETH sales over the past month. While the broader crypto market has been volatile, Buterin’s transactions have added another layer of attention around Ethereum’s short-term price action.

According to blockchain tracking platform Lookonchain, Buterin’s latest sale was 675.88 ETH, worth roughly $1.25 million. He converted the funds into various stablecoins, including PYUSD, EURC, LUSD, and GHO.

One-Month Timeline

The selling activity began on February 2, following Buterin’s January 30 announcement outlining his financ…

Read The Full Article Buterin Advances ETH Sale Plan, 70% Already Liquidated On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.05K

+7.72%

$ 1.01

+0.56%

$ 1.18

+0.12%

$ 0.99988

-0.42%

$ 0.99970

+0.02%

Share:

In This News

Coins

$ 2.05K

+7.72%

$ 1.01

+0.56%

$ 1.18

+0.12%

$ 0.99988

-0.42%

$ 0.99970

+0.02%

Share:

Read More

Vitalik Buterin Tightens Ethereum’s DeFi Standards

Vitalik Buterin Tightens Ethereum’s DeFi Standards

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Ethereum Foundation Begins Staking 70,000 ETH to Strengthen Network Security

Ethereum Foundation Begins Staking 70,000 ETH to Strengthen Network Security

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Buterin Advances ETH Sale Plan, 70% Already Liquidated


by Coin Edition
for CoinEdition
Buterin Advances ETH Sale Plan, 70% Already Liquidated

Share:

AI Overview

Vitalik Buterin has sold over 11,400 ETH, totaling approximately $23 million, completing about 70% of his planned liquidation. Ethereum faces resistance at $2,000 and support near $1,850 amidst ongoing market volatility.

Bearish
  • Vitalik Buterin has sold over 11,400 ETH worth roughly $23 million since Feb. 2
  • About 70% of his planned 16,384 ETH liquidation has now been completed.
  • ETH faces resistance at $2,000, with key support holding near the $1,850 level.

Ethereum co-founder Vitalik Buterin is once again in the headlines after on-chain data revealed a steady wave of ETH sales over the past month. While the broader crypto market has been volatile, Buterin’s transactions have added another layer of attention around Ethereum’s short-term price action.

According to blockchain tracking platform Lookonchain, Buterin’s latest sale was 675.88 ETH, worth roughly $1.25 million. He converted the funds into various stablecoins, including PYUSD, EURC, LUSD, and GHO.

One-Month Timeline

The selling activity began on February 2, following Buterin’s January 30 announcement outlining his financ…

Read The Full Article Buterin Advances ETH Sale Plan, 70% Already Liquidated On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.05K

+7.72%

$ 1.01

+0.56%

$ 1.18

+0.12%

$ 0.99988

-0.42%

$ 0.99970

+0.02%

Share:

In This News

Coins

$ 2.05K

+7.72%

$ 1.01

+0.56%

$ 1.18

+0.12%

$ 0.99988

-0.42%

$ 0.99970

+0.02%

Share:

Read More

Vitalik Buterin Tightens Ethereum’s DeFi Standards

Vitalik Buterin Tightens Ethereum’s DeFi Standards

Ethereum co-founder Vitalik Buterin said in a recent X post that the Ethereum Foundat...
Ethereum Foundation Begins Staking 70,000 ETH to Strengthen Network Security

Ethereum Foundation Begins Staking 70,000 ETH to Strengthen Network Security

The Ethereum Foundation has started staking a substantial amount of its treasury rese...