Vitalik continues to liquidate ETH! Ethereum Foundation's $44.7 million tightening plan revealed

Ethereum co-founder Vitalik Buterin recently exchanged ETH for stablecoins through a decentralized exchange. Over the past few days, his associated wallet has sold more than 3,100 ETH, worth over $6.1 million. Previously, Buterin announced plans to sell approximately $47 million worth of ETH assets to support the Ethereum Foundation’s financial needs during a period of “mild contraction.”

Vitalik’s Selling Scale and On-Chain Holdings Status

(Source: Arkham Intelligence)

Data from Arkham Intelligence tracking shows that Buterin’s wallet has completed multiple ETH-to-stablecoin exchanges in recent days, totaling over 3,100 ETH, equivalent to more than $6.1 million. This round of selling continues actions taken weeks ago—when he sold over $29 million worth of ETH, at least $2.3 million of which was explicitly used to fund projects under the Ethereum Foundation.

Currently, Buterin’s on-chain holdings remain at 224,000 ETH, which is approximately $426 million at current market prices, indicating that this round of selling is relatively orderly compared to his overall holdings.

Ethereum Foundation’s Tightening Policy: Context Behind the Sales

Buterin’s series of sales are not driven by market sentiment but are part of the Ethereum Foundation’s proactive financial policy adjustments. He publicly stated that this sale aims to ensure the foundation’s “long-term sustainable development and protection of Ethereum’s core mission and goals,” with plans to sell about $47 million worth of ETH assets.

Three Main Uses of Funds from the Current Ethereum Foundation Sale

Advancing the Technical Roadmap: Supporting Ethereum mainnet and Layer 2 scaling plans, with Buterin stating the mainnet needs “new solutions.”

Development of Censorship-Resistant Upgrades: Funding consensus layer improvements such as EIP-7805 (FOCIL), planned for the Hegota upgrade in late 2026.

Long-term Foundation Operations: Maintaining core R&D and ecosystem support capabilities during market downturns, strengthening decentralized infrastructure.

ETH Market Pressure: Sales Coupled with Systemic Pullback

Vitalik’s ongoing sales coincide with a broader downtrend in the ETH market. Currently, ETH is trading around $1,872, down over 36% in a month, and has fallen more than 62% from its peak of $4,946 in August 2024. On Sunday night, ETH briefly dropped to $1,855, hitting a two-week intraday low.

Market prediction platform Myriad’s user data indicates a roughly 73% probability that ETH will hit $1,500, higher than the chance of rebounding to $3,000, reflecting overall market pessimism.

Despite this, Buterin has continued to voice support for technical upgrades, publicly endorsing network censorship-resistant upgrades and emphasizing that Ethereum is “doing its best” to build a cyberpunk-inspired decentralized architecture.

Frequently Asked Questions

Why does Vitalik Buterin keep selling ETH?

Buterin has publicly explained that his ETH sales are intended to fund Ethereum Foundation operations and technical development, not market cash-outs. The planned sale of $47 million worth of ETH is a proactive part of the foundation’s “mild contraction” financial policy and has been disclosed in advance.

How much ETH does Vitalik currently hold?

According to on-chain data from Arkham Intelligence, Buterin’s current on-chain holdings are approximately 224,000 ETH, worth about $426 million at current prices.

Is ETH’s decline directly related to Vitalik’s sales?

Buterin’s sales are one quantifiable source of selling pressure, but the more significant factor behind ETH’s over 36% decline in the past month is the systemic correction in the broader crypto market. The 3,100 ETH recently sold has limited impact relative to Ethereum’s daily trading volume, with larger downward pressure stemming from macro market sentiment and ongoing institutional capital outflows.