Ethereum co-founder Vitalik Buterin recently completed a large-scale sell-off, selling a total of 19,326 ETH with a total value of approximately $39.36 million, averaging $2,037 per token. The sale was conducted through the CoW protocol in the form of Wrapped Ethereum (WETH) to ensure a better price. This move aligns with his announcement on January 30th to liquidate funds to support open-source software and hardware development. As his wallet has been paused from transferring transactions, the Ethereum community is closely monitoring the token's trading price, which is hovering around $2,029.
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Ethereum co-founder Vitalik Buterin recently completed a large-scale sell-off, selling a total of 19,326 ETH with a total value of approximately $39.36 million, averaging $2,037 per token. The sale was conducted through the CoW protocol in the form of Wrapped Ethereum (WETH) to ensure a better price. This move aligns with his announcement on January 30th to liquidate funds to support open-source software and hardware development. As his wallet has been paused from transferring transactions, the Ethereum community is closely monitoring the token's trading price, which is hovering around $2,029.