According to the data, Buterin sold approximately 17,000 ETH over the month, reducing his holdings from about 241,000 ETH at the beginning of February to roughly 224,000 ETH. At current prices, this corresponds to a value of around $43 million. The sales were executed gradually through a series of smaller transactions, helping to avoid sharp price swings.
Nevertheless, the timing of the sales — amid an already established downtrend — drew criticism from parts of the community. Over the past month, the Ethereum price has fallen by around 35% and is currently trading near $1,900.
Back in January, Buterin announced plans to allocate 16,384 ETH to fund various projects, with the funds to be deployed over several years. At the same time, he said the Ethereum Foundation would enter a phase of mild austerity. The goal is to ensure the long-term sustainability of an ambitious roadmap and to support infrastructure initiatives focused on self-sovereignty, privacy, and security.
Buterin himself emphasizes that he has not sold ETH for personal use since 2018, and that all proceeds from the current transactions will be directed exclusively toward philanthropic or ecosystem-related initiatives.
Despite the recent price decline, derivatives market data suggest that Ethereum may be in an advanced stage of correction.
