Ethereum Founder Vitalik Buterin Sells 7,386 ETH in February

According to Onchain Lens, Vitalik Buterin has once again offloaded 428.57 ETH in exchange for approximately 850,178 GHO, with signs pointing toward potential further liquidations. Since February 2, he has cumulatively sold 7,386 ETH, valued at roughly $15.51 million, with an average execution price of $2,100. This recent series of on-chain sales appears to be part of a broader plan announced in late January, aimed at funding ecosystem development and other key initiatives. While these strategic sales are intended to support the network, they have inadvertently exacerbated market weakness, sparking debate among investors.