On-chain monitors flagged that a batch sell program tied to Ethereum co-founder Vitalik Buterin appears to have ended. In a Lookonchain post, the account claims the selling plan is complete after offloading 19,326 ETH for about $39.36 million at an average price near $2,037.
That total matters because it frames the activity as a structured program rather than a single market dump. In an earlier Lookonchain update, the account described the plan as a 16,384 ETH sale program that was roughly 70% done at the time.
The sales were executed in smaller WETH batches routed through CoW Protocol settlement flows and originating from a Gnosis Safe setup.
Vitalik Buterin is not one address.
Public-facing wallets, ENS names, multisigs, and operational “budget” wallets can all be active at different times. Trackers often label or cluster wallets based on behavioral links, counterparties, and recurring patterns. That clustering is useful, but it is still an attribution model, not a signed statement from the owner.
A good example is the widely known ENS wallet vitalik.eth. On Etherscan, that address shows 32.1311 ETH in its “ETH Balance” field at the time of viewing, which is obviously not “Vitalik’s total stash.”
So the right question becomes: how much ETH is visible across wallets that reputable analysts have attributed to him with high confidence, and how much of that is still sitting in ETH versus rotated into other assets.
Arkham’s research on top ETH holders lists Vitalik Buterin as the largest individual holder with access to his holdings, and puts the figure at about 224,000 ETH (shown as 224K ETH in the report).
This number is best read as “known, attributed holdings,” not as an audited balance sheet. It is also a snapshot. It can lag if addresses change, new wallets get attributed, or funds move into contracts that the model groups differently.
If the 224K ETH estimate is used as the baseline, a 19,326 ETH sell program is about 8.6% of that figure. That is large enough to be worth tracking, but it also implies that even a completed program does not remove him from the list of major accessible ETH holders.
The execution style matters too. Splitting flows into smaller batches and routing through CoW Protocol-style settlement can reduce slippage and avoid advertising a single “market sell” footprint. That tends to line up with budgeted funding and treasury management, not panic.
To turn this into a clean, verifiable “how much ETH” answer, the follow-ups should focus on attribution and on where the sold ETH went.
The post How Much ETH Does Vitalik Buterin Hold After Recent Sales appeared first on Crypto Adventure.
