The post Vitalik Buterin Sells 3,000 ETH Amid Market Dip appeared first on Coinpedia Fintech News
Over the past three days, Vitalik Buterin sold roughly 2,961.5 ETH, worth about $6.6 million, at an average price of $2,228 per coin, with selling still ongoing. On-chain data from his Gnosis Safe wallet shows repeated WETH outflows via CoW Protocol into tokens like USDC and GHO. The sales are a small portion of his 300,000+ ETH holdings, sparking mixed reactions: critics call it retail exit liquidity, while supporters note his history of funding Ethereum projects, biotech ventures like Kanro, and open-source initiatives. Ethereum traded near $2,150, down 5% in 24 hours, amid daily volumes exceeding $10 billion and continued institutional buying.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more