Ethereum (ETH) founder Vitalik Buterin transferred 1,009 ETH from one wallet to another, raising concerns about a potential sell-off. The transaction, valued at approximately $2.94 million, has attracted significant attention from traders and analysts alike. On-chain tracking platform Lookonchain reported the movement, prompting close monitoring for market shifts. While the transfer did not involve selling on an exchange, traders remain cautious as the move suggests a potential shift in Buterin’s holdings. The lack of immediate confirmation regarding the purpose of the transfer has fueled speculation, leaving experts divided on whether this could be part of a portfolio adjustment or an upcoming sale. 8 However, market participants are closely observing for further movements from Buterin.