🚨BREAKING NEWS : Vitalik just sold $8,200,000 in ETH
On-chain tracking data shows Vitalik Buterin has been selling ETH from wallets linked to him, but not a single isolated $8.2M sale as a fresh dump. Instead:
He sold $850,000) recently, converting it into GHO tokens.
Since early February, he has sold a total of $15.5 M) across multiple transactions.
Other reporting estimates 7,471 ETH (~$15.3 M) has been liquidated so far as part of this ongoing series of sales.
📌 The $8.2M figure appears to be incorrect or conflated with something else — there’s no reliable on-chain evidence of a single ~$8.2M ETH sale by Vitalik today.
These ETH movements aren’t necessarily panic dumping:
It’s part of an ongoing systematic plan where Vitalik is liquidating portions down from a large pool of ETH he has held — he’s offloaded several thousand ETH throughout February.
Recent sales have been converted into GHO (a stablecoin) rather than fiat, suggesting strategic allocation rather than simple profit-taking.
In the past, Vitalik has clarified ETH wallet sales are often tied to funding ecosystem development or specific projects rather than short-term speculation.
High-profile wallet activity like this can influence trader sentiment. Large sales on-chain are often interpreted as bearish signals, even if the entity’s intent is long-term funding or diversification.
Vitalik has been selling ETH in chunks, totaling millions in value over the past weeks — not a single $8.2M sale.
Recent transactions are part of an ongoing divestment and conversion to GHO stablecoins.
There’s no verified headline-worthy single $8.2M ETH dump confirmed by reputable on-chain data sources.
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