$ETH co-founder Vitalik Buterin has continued selling ETH this month, with 17,196 ETH (~$35 million) moved according to on-chain tracking — exceeding the original 16,384 ETH allocation he disclosed for funding long-term open-source technology initiatives.
Buterin framed the allocation as part of his personal support for ecosystem development and “own share of austerity.” The sales occurred while ETH recently rallied, diverging from earlier patterns where his selling coincided with price drops, showing the market is more resilient than expected.
Sale volume aside, Ethereum itself has shown signs of stabilization, with recent short-term gains even as broader macro pressure persists.
Whale activity and founder sales often get headlines, but the real question for traders is whether this selling reflects structural rebalancing or just noise.
Does founder selling still matter if price continues to hold key support and trend structure improves?
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