Vitalik Buterin withdrew 17 million dollars from Ethereum.

Vitalik Buterin Withdraws Ethereum Holdings

Vitalik Buterin has withdrawn 16,384 Ethereum, valued at approximately 17.3 million dollars at current prices. Buterin plans to direct these funds towards open-source security and privacy projects.

This move comes as the Ethereum Foundation enters a 'moderate savings' period following a market downturn. However, it has been noted that the foundation still possesses around 558 million dollars in crypto assets.