Vitalik Buterin dumps over $8m Ethereum as price sinks below $1,900

Ethereum co-founder Vitalik Buterin sold over $8 million worth of ETH from his personal wallet during the weekend, according to onchain data from Arkham Intelligence. This major selloff coincided with Ethereum's price dropping below $1,900, adding potential selling pressure to the market.

• →Vitalik Buterin sold over $8 million worth of Ethereum tokens from his personal wallet over the weekend.
• →The selloff was tracked by onchain analytics platform Arkham Intelligence.
• →Ethereum's price has fallen below the $1,900 level amid broader market weakness.
• →Large sales by prominent figures like Buterin can influence market sentiment and price action.
• →The timing of the sale coincides with broader cryptocurrency market volatility.