Co-founder of the Ethereum project Vitalik Buterin stated that he has not sold coins to the network since 2018. This is how he commented on the information about the movement of capital in his wallet.
Buterin made his statement amid the news that almost $15 million in USDC was transferred from his account to the Gemini exchange. In a comment to the press, a representative of the Ethereum Foundation said that he simply confirmed the transaction from a multi-signature wallet.
Prior to this, in September 2023, Buterin sent a total of 2,421 ETH to centralized exchanges within 10 days. Being a large holder, he somehow influences the movement of the price trend.
Source: Cryptocurrency
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