Ethereum co-founder Vitalik Buterin has refuted claims that he is dumping his ETH holdings, stating that he has not sold the digital asset for personal gain since 2018. Recent reports suggested that Buterin was divesting his holdings after wallets connected to him sent Ethers to exchanges. However, Buterin clarified that these transactions were actually donations to charity or nonprofit projects, with the recipients selling the ETH to cover expenses. This aligns with transactions made by Kanro, a charity associated with Buterin, which sent over $15 million worth of USDC stablecoin to a multi-signature wallet. Despite these donations, Buterin still holds nearly 250,000 Ether units worth $390 million.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Vitalik Buterin
Companies	Gnosis Safe Proxy, Gemini, Kanro, Coinbase
Currencies	Ethereum
Securities	None