Vitalik Sells Approximately JPY 2.7 Billion in Ethereum Following Foundation's 'Austerity Plan'

According to data released by the on-chain analysis tool 'Onchain Lens' on the 23rd, Ethereum co-founder Vitalik Buterin sold 1,694 ETH (about USD 3.31 million) in the last 1.5 days. Since February 2, the cumulative total has reached 8,651 ETH, amounting to approximately USD 17.97 million (about JPY 2.7 billion), with an average selling price of about USD 2,077. He currently still holds 10,676 ETH, equivalent to about USD 20.86 million. The sales are part of a response to the 'gradual austerity fiscal plan' for the Ethereum Foundation, which Buterin disclosed on January 30. He withdrew 16,384 ETH from his own wallet, indicating plans for future...