Vitalik sold $1.4 million worth of ETH in the past 24 hours! Are there 5,000 coins to be dumped?

2026-02-03 11:30:28

Abstract generation in progress

Ethereum co-founder Vitalik Buterin exchanged 5,000 ETH for WETH in the past 24 hours and used the Cow protocol to convert it in batches into the stablecoin GHO.
(Background: Vitalik proposed a new creator token model: replacing celebrity traffic with DAO curation + prediction markets)
(Additional context: Vitalik: Rejecting the crypto doomsday scenario, making the last line of defense against AI tyranny)

The community is highly focused today on Vitalik Buterin selling his ETH holdings for GHO. According to Arkham records, Vitalik converted 5,000 ETH into WETH in the past 24 hours and gradually exchanged WETH for GHO via Cow Protocol, with each transaction involving about 70 tokens. In the past 24 hours, he completed 9 exchanges, totaling approximately $1.44 million worth of GHO.

ETH-5.89%

GHO-0.01%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.