KANRO Co., Ltd. 2216

Vitalik Buterin moves $29M in ETH to fund Ethereum Foundation as crypto markets tumble and he calls for major network changes.

The price of Ethereum’s native token, Ether, is down 7% in a 24-hour time frame, happening after Vitalik Buterin sold $500,000 worth of ETH and made a post questioning the role of Layer 2s (L2s) in scaling Ethereum. On Feb. 2, Lookonchain posted an analysis claiming Vitalik Buterin, Ethereum creator, ...

Key Takeaways: Vitalik Buterin sold roughly $1.2M worth of ETH, sparking market anxiety during an already fragile period. The funds were partly redirected to Kanro, a biotech charity Buterin founded in 2023. Large ETH sales don’t signal capitulation, but they amplify fears as price trades near a critical zone. Ethereum ...

Vitalik Buterin sold part of his ETH holdings in planned transactions, drawing attention as Ethereum prices held steady.

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