#V神卖币 According to the latest statistics as of February 24, Vitalik has sold a total of 10,723 ETH since February 2, with a total value of approximately $21.74 million, and an average selling price of about $2,027 per ETH.

What’s more concerning is that the selling has accelerated significantly in recent days:

Last 2.5 days: Sold 3,765 ETH, worth about $7.08 million
Last 3 days: The address associated with Vitalik.eth sold 3,788.57 ETH
In the past 48 hours: The pace of selling has quickened again with a withdrawal of 3,500 ETH from Aave
The week of February 23: Over 7,000 ETH has been confirmed sold this week

This is not just small cash-out — Vitalik still holds over 224,000 ETH, valued at about $429 million, but approximately 7,350 ETH have been transferred to exchanges, potentially creating supply pressure.

The sell-off is not accidental. On January 30, Vitalik publicly stated that he would withdraw and sell 16,384 ETH from his Kanro entity (worth about $45 million at the time) to fund ecosystem development, open-source software, public health research, and other long-term projects, in response to the Ethereum Foundation’s “mild tightening” period. The February sell-off is a direct execution of this plan.

The accelerated ETH selling by Vitalik, coupled with Wu Jihan’s clearing of Bitcoin, has led the market to generally believe that this could be the prelude to the last dip. The likely trigger is the Federal Reserve meeting in mid-next month — no rate cuts 100%, and historically, markets tend to crash after such meetings.

Wu Jihan’s liquidation and Vitalik’s sell-off, these events together reveal a truth about the industry:

Cryptocurrencies are bidding farewell to wild growth and entering a rational, pragmatic stage.

Current miners are no longer the bullish die-hards of the past. They have become asset allocators, weighing rationally whether to hold Bitcoin or invest in AI for better prospects. Project founders are no longer just believers; they need to raise funds for ecosystem development and cope with market cycles.

Wu Jihan’s words serve as a reminder to the entire industry: “Holding zero now doesn’t mean it will stay that way forever.”

Zeroing out is not the end, but a new beginning. The same applies to Vitalik’s sell-off — cashing out is not about leaving the market, but about injecting new vitality into the ecosystem.

Vitalik and Wu Jihan have different choices, but their logic is the same — when change is coming, having cash in hand allows you to seize the next opportunity.

So, for small and medium investors, the current market volatility might be frightening, but it could also be the start of a new opportunity.

Keep cash on hand and be patient.

Wait for market sentiment to stabilize, wait for the Fed’s meeting to conclude, wait for those truly valuable assets to fall out of the “golden pit.” When others panic and sell, having bullets in your hand means you can smile best in the next bull market.

Blockchain is an inevitable trend of the future, and that has never changed. Bulls and bears alternate, tides rise and fall — the only thing to do is preserve your principal when the tide recedes and seize opportunities when it comes again.

Believers leaving the market is not faith collapsing, but faith upgrading.

When miners step down and Vitalik sells ETH, they are not fleeing but waiting for the next spring!

And you, have you kept enough cash in hand?