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The data shared by Lookonchain again reveals a wallet connected to Vitalik Buterin's ETH sales. This wallet, which previously purchased 3,800 ETH worth $9.8 million, has initiated a significant selling activity over the past two weeks. Today, we see it listing 190 ETH for sale, which is approximately $441,000. Since the end of August, it has liquidated a total of 950 ETH valued at $2.28 million.
Who is behind these sales has become a matter of curiosity. Some commentators claim that it could be a wallet belonging to Vitalik Buterin's partner, but so far, no concrete evidence has been presented to support this. Although transactions on the blockchain are completely transparent, wallet ownership is not always clear.
The ETH price is currently trading around $2,370, with a 24-hour increase of 2.25%. Such selling movements always attract curiosity in the market, but they are not the sole determinant of long-term price trends. Stay tuned for more.