Lasting 23 days, the ETH sell-off from Vitalik's "project budget" address is complete

BlockBeats News, February 26th, according to on-chain data analyst ChainInfo, after 23 days of monitoring, all ETH in Vitalik's "0xfeb" starting project budget address has been sold off, selling a total of 19,268 ETH (approximately $38.77 million) at an average price of $2,012, exceeding the previously announced 16,384 ETH.

These ETH have been sold and converted into multiple stablecoins within the Ethereum DeFi ecosystem, including USDtb, GHO, EURC, PYUSD, LUSD, etc.

Previously, Vitalik had stated at the end of January that the Ethereum Foundation was entering a mild tightening phase, with his personal squeeze plan being to personally take on the responsibility that might belong to the foundation's 'special program' at another time. He will sell 16,384 ETH, with the funds dedicated to building an open-source, secure, and verifiable software and hardware full-stack system to protect personal life and the public environment.