Vitalik Buterin Sells ETH, Channels Funds to Kanro for Public Health

CryptoFrontNews
ETH-3,39%
GHO-0,09%
  • Buterin sold 493 ETH (~$1.16M) recently, moving funds to Kanro for biomedical and public health projects.

  • His $550M crypto portfolio spans ETH, WETH, stablecoins, and smaller tokens, showing minor recent fluctuations.

  • Kanro Fund donations highlight Buterin’s focus on open-source pandemic research and long-term global health solutions.

Ethereum co-founder Vitalik Buterin has moed significant amounts of ETH, sparking attention across the crypto community. According to blockchain analytics platform Lookonchain, Buterin sold 493 ETH, worth roughly $1.16 million, over the past eight hours.

Earlier reports indicated a recent sale of 211.84 ETH for 500,000 USDC, which was promptly transferred to the Kanro Fund. This activity highlights Buterin’s ongoing financial maneuvers supporting philanthropic initiatives while maintaining a diverse crypto portfolio.

Besides these large transactions, smaller transfers have also been noted. Arkham data  shows minor inflows of ETH, USDT, and YEE to Buterin’s wallets, with values ranging from $1 to just over $3. On one occasion, 0.000319 ETH, equivalent to $1, was sent to a Gnosis wallet under his control.

Additionally, Buterin engaged in swaps on Bungee Exchange, moving 7,451 USDC and 7,103 USDC in separate transactions. Outflows included 40 trillion DINU tokens, valued at $18,540, and 10,000 KNC tokens worth around $2,470. These transactions show a mix of philanthropic and portfolio-management strategies.

Vitalik’s Portfolio Snapshot

Currently, Buterin’s cryptocurrency portfolio is estimated at $550 million, with ETH making up the bulk. He holds 235,269 ETH, valued at $530.73 million, reflecting a 3.25% decrease. Wrapped ETH (WETH) totals 4,232 tokens, worth $9.55 million, down 3.06%, while AETHWETH holdings of 2,928 tokens are valued at $6.62 million, down 3.2%.

Stablecoins and smaller tokens form the remainder. Notably, GHO stablecoin holds 1.797 million tokens (~$1.8 million), unchanged. WHITE tokens number 10 billion, gaining 0.36% to $890,000. Other holdings include MOODENG, KNC, and REPV2, reflecting slight fluctuations.

Philanthropy Through Kanro

The Kanro Fund emphasized that the $500,000 USDC transfer stems from Buterin’s commitment to biomedical research and public health. Since October 2025, Kanro’s multisig wallet has received over 55 ETH from Buterin.

Kanro Fund stated, “Differently from other news which people make public on him from selling meme-tokens supply, we are designed differently. All our donations to Kanro Multisig goes straight in ETH.” Buterin also publicly highlighted the importance of Covid and pandemic research, focusing on open-source solutions and global health initiatives.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum Processes 200M Transactions in Q1 2026, Up 43% QoQ

Ethereum experienced its highest quarterly transaction volume in Q1 2026 with over 200 million transactions, marking 43% growth from the previous quarter. Layer 2 solutions and stablecoin usage drove this surge, indicating a utility-focused adoption trend.

GateNews56m ago

Ethereum Co-founder Lubin: AI Will Be Critical Turning Point for Crypto, But Tech Giant Monopoly Poses Systemic Risk

Ethereum co-founder Joseph Lubin emphasized the transformative potential of AI for the cryptocurrency sector while cautioning against the risks of centralization among tech giants. He envisions AI-driven autonomous transactions on blockchain and highlights the convergence of traditional finance with DeFi.

GateNews1h ago

ETH falls below 2350 USDT

Gate News bot message, Gate market shows that ETH has fallen below 2350 USDT, with the current price at 2349.73 USDT.

CryptoRadar3h ago

eth.limo DNS Under Attack, Vitalik Urges Users to Pause Access and Switch to IPFS

Vitalik Buterin warned on April 18 about an attack on the DNS registrar for eth.limo, urging users to avoid accessing vitalik.eth.limo and related pages. He recommended using IPFS as an alternative until the issue is resolved.

GateNews7h ago

Arthur Hayes Moves 3,000 ETH to Major CEX, Sparking Sell-Off Speculation

A wallet associated with Arthur Hayes transferred 3,000 ETH to exchanges, sparking speculation about potential selling pressure. While some interpret this as profit-taking, others suggest it may be for repositioning. The crypto community remains divided as traders monitor the situation closely.

GateNews8h ago
Comment
0/400
No comments