Buterin Advances ETH Sale Plan, 70% Already Liquidated

• 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…

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