Vitalik explains transferring ETH: no longer selling coins for personal gain starting in 2018
The address of Ethereum founder Vitalik Buterin has attracted public attention and is tracked by on-chain analysis platforms. Some people also interpret Vitalik's selling of ETH as a bearish signal. Vitalik Buterin responded to this matter by posting on the decentralized social protocol Farcaster's user client platform, warpcast.
Table of Contents
Vitalik: Stopped Selling Coins for Personal Benefit Since 2018
Vitalik Buterin reminded:
"If you see articles saying 'Vitalik transferred X ETH to an exchange,' it's not me selling the coins, but rather donating them to various charitable, nonprofit, or project organizations. These organizations that receive the funds sell the ETH because they need to cover expenses."
"I have not been selling coins for personal benefit since 2018."
Vitalik's Address Has Sold 830,000 ETH
The sales and average price of Vitalik's related addresses from the past to present are as follows:
Check Vitalik's Address Transfer Activity
Forward deployment? Vitalik deposits tens of millions of USDC into Gemini, just before Bitcoin's sudden surge
Is Vitalik clearing out MKR out of dissatisfaction? Maker founder praises Solana, causes controversy, and quickly explains: Ethereum is also a good chain
Related
- Musk's Cash Giveaway Plan! Before the U.S. presidential election, $1 million will be raffled off to a lucky citizen every day.
- Nouriel Roubini calls the U.S. dollar and U.S. bonds a Ponzi scheme, CZ: Discussing from a personal debt perspective is a common bias.
- Executive Board member of the European Central Bank advocates for establishing a "European ledger", pushing for DLT to improve market fragmentation