Crypto NewsEthereumBREAKING: Vitalik Buterin Allegedly Sells a Massive Amount of Ethereum - Here...

BREAKING: Vitalik Buterin Allegedly Sells a Massive Amount of Ethereum – Here Are the Details

Onchain data suggests that Ethereum founder Vitalik Buterin has sold a significant amount of Ethereum in recent hours.

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According to breaking news, Ethereum founder Vitalik Buterin has sold a large amount of Wrapped Ethereum (WETH), as seen in onchain data.

WETH is a cryptocurrency pegged to the price of ETH and can be exchanged with ETH at a 1:1 ratio.

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Vitalik Buterin appears to have sent WETH to Cow Protocol and withdrawn PYUSD stablecoin in return. The size of the sales reportedly reached $2.5 million in the last hour. However, Buterin made numerous sales at intervals throughout the day.

Arkham data showing last-minute transfers made by Vitalik Buterin.

*This is not investment advice.

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