📉 Ethereum co-founder Vitalik Buterin sold 493.1 ETH ($1.16 M) on-chain via CoW Swap — a notable on-chain transaction tracked on February 3, 2026. The wallet also added a 5,000 ETH allowance on CoW Swap, meaning further sells could occur (though not confirmed). �
Blockchain News
📉 Additionally, earlier Vitalik sold 211.84 ETH ($500K) and transferred the proceeds (500 000 USDC) to a charity-linked address (Kanro) — signalling not personal profit, but donation receipts for a charity he founded. �
CoinNess
👉 Combined, these moves show coordinated withdrawals and sales — likely as part of a multi-year donation plan he referenced publicly, not simple profit taking. Vitalik had moved 16,384 ETH to a multisig wallet before today’s activity, supporting this plan rather than short-term selling. �
ODaily
🧠 2) Other Recent Vitalik Activity
📌 Vitalik is also deploying $45 M of personal ETH into open-source privacy & hardware projects, demonstrating active reinvestment into the ecosystem. �
Open Source For You
📌 There’s ongoing community conversation about his market commentary and philosophy—but the key sell-offs are tracked on-chain and not purely rumor. �
AMBCrypto
📊 Market Impact Chart (Illustrative Example)
Below is an annotated market impact chart — this is an illustrative mockup based on typical market reactions to big on-chain movements and sell-offs from founders:
What This Chart Suggests:
Price dips often follow large wallet sells (especially founder or whale sells).
Increased volatility occurs around the time of publicized sells.
Support levels tested as sell pressure increases.
Note: Actual chart data would need real-time price feeds.
📌 Why This Matters
🟠 Short-Term
Large founder ETH sells can increase short-term selling pressure and volatility.
The market watches whale activity — founder sales can amplify sentiment swings.
🟢 Long-Term
If proceeds are used for charity or ecosystem funding, this reduces risk of profit-taking dumps.
Moves tied to donation plans can be bullishly interpreted as strengthening community/public goods funding.
⚠️ Sentiment
Some traders fear founder sells can create short-term downward pressure even if purpose is non-profit.
On-chain sales don’t always reflect negative fundamentals — often they are personal, philanthropic, or strategic.
📌 Quick Summary
Action
Amount
Likely Purpose
Sold 493.1 ETH
~$1.16M
Possibly part of donation plan
Sold 211.84 ETH
~$500K
Proceeds to Kanro charity
16,384 ETH moved to multisig
Large allocation
Feeding multi-year plan
Deploying $45 M
Project funding
Ecosystem & privacy projects
