Vitalik Buterin Reduces ETH Holdings amid Price Slide
Ethereum co-founder Vitalik Buterin reduced his ether holdings by about 17,000 ETH in February as the asset declined sharply. The sales were executed gradually through small on-chain swaps.
Ethereum co-founder Vitalik Buterin reduced his ether holdings by about 17,000 ETH in February as the asset declined sharply. The sales were executed gradually through small on-chain swaps.
Ether is the native cryptocurrency of the Ethereum network, used to pay transaction fees, execute smart contracts, and power decentralized applications across the blockchain.
Approximately 147,000 Bitcoin and 573,000 Ethereum options expire on November 28, signaling key shifts in market positioning.
Ethereum co-founder Vitalik Buterin has contributed approximately $760,000 in Ether to two decentralized messaging applications, Session and SimpleX Chat.
This concern cited by the South African Reserve Bank is driven by the growing user base and the borderless nature of digital assets, which can be used to bypass Exchange Control Regulations.