Vitalik sold ETH today, possibly as part of his donation plan, totaling 16,384 ETH.

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Odaily Planet Daily reports that on-chain analyst ai Yi Bu supplementing, Vitalik Buterin sold 493 ETH on February 3rd, worth approximately $1.16 million. Four days prior, Vitalik transferred 16,384 ETH from his personal address to a multi-signature address and began selling in batches today.

This action is believed to be related to his publicly announced “multi-year donation plan” on January 30th. At that time, Vitalik stated that the plan would be used to support the development of open-source, secure, and verifiable full-stack hardware and software systems.

Previous news: Vitalik Buterin sold 493 ETH and exchanged 5,000 ETH for WETH

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