Vitalik Buterin Sells 17,000 ETH in One Month Outflow
ENJ
+1.10%
WAVES
-0.73%
USDT
+0.04%
SOL
+3.36%
Ethereum co-founder Vitalik Buterin has reduced his personal Ether holdings by 17,000 ETH over the past month, according to an analysis of on-chain data. The series of transactions, which has lowered his wallet balance to 224,000 ETH, follows his previously stated plans to earmark $45 million for privacy-enhancing projects.

In , wallets publicly associated with Buterin reportedly held a combined balance of 241,000 Ether. Throughout the month, a series of outflows culminated in the current balance of 224,000 ETH. According to on-chain analysts, the selling activity accelerated over a recent three-day period, with one report indicating sales of 2,961 ETH valued at approximately $6.6 million. Another analysis noted outflows totaling $7 million within a similar timeframe.

The timing of these sales has been linked by observers to Buterin’s prior announcement to allocate significant funding toward privacy solutions on the Ethereum network. While not officially confirmed as the source of these funds, the correlation is notable. The focus on sustainable ecosystem development echoes sentiments from other industry leaders. Curve Finance founder Michael Egorov recently stated that decentralized finance protocols must shift toward generating real revenues rather than depending on inflationary token incentives to attract liquidity.

Market participants and on-chain analysts are expected to continue monitoring Buterin’s known wallet addresses for further transactions. The wider community awaits official announcements that would provide clarity on the allocation of the earmarked funds and identify the projects that will benefit from the support for developing privacy-centric technologies on the blockchain.

Follow Hashlytics on Bluesky, LinkedIn , Telegram and X to Get Instant Updates