Ethereum co-founder Vitalik Buterin exchanged 5,000 ETH for WETH in the past 24 hours and used the Cow protocol to convert it in batches into the stablecoin GHO.
(Background: Vitalik proposed a new creator token model: replacing celebrity traffic with DAO curation + prediction markets)
(Additional context: Vitalik: Rejecting the crypto doomsday scenario, making the last line of defense against AI tyranny)
The community is highly focused today on Vitalik Buterin selling his ETH holdings for GHO. According to Arkham records, Vitalik converted 5,000 ETH into WETH in the past 24 hours and gradually exchanged WETH for GHO via Cow Protocol, with each transaction involving about 70 tokens. In the past 24 hours, he completed 9 exchanges, totaling approximately $1.44 million worth of GHO.
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