Crypto Analyst Highlights Minimal Impact of Vitalik Buterin's ETH Sales Amid "Grifter Fatigue"

A prominent voice in the Web3 space, AdrianoFeria.eth, recently dismissed concerns surrounding Ethereum co-founder Vitalik Buterin's recent ETH sales, characterizing them as insignificant and criticizing what he terms "ETH haters" and "grifters" within the crypto community. The tweet, posted by AdrianoFeria.eth, aimed to contextualize Buterin's transactions and express frustration over perceived misinformation and opportunism in the market.

"To put in perspective, Vitalik sold less than 0.5% of his ETH holdings (corresponding to ~ 0.0008% of ETH's circulating supply) in the past year," AdrianoFeria.eth stated. He further expressed, "Every day that passes I become more of a toxic maximalist thanks to these attention seeking clowns. 99% of crypto is dogshit and 99% of KOLs are dogshit grifters. Most of the world thinks crypto is a joke and ponzi scams because most of it is. Fuck all of these mfers. Call it grifter fatigue."

On-chain data confirms that Vitalik Buterin, whose net worth is largely tied to his Ethereum holdings, has indeed made relatively small sales in comparison to his overall portfolio and the total circulating supply of ETH. Recent reports, including one from Brave New Coin in September 2024, noted a series of sales totaling 950 ETH, valued at approximately $2.28 million, since late August. Another transaction in November 2025 involved a transfer of 1,009 ETH, approximately $2.94 million, to a different wallet.

Buterin's known ETH holdings are estimated to be around 240,000 to 278,000 ETH, making him one of the largest individual holders. He has historically maintained that his holdings have never exceeded 0.9% of the total ETH supply. These transactions are often seen as strategic moves for liquidity or project funding rather than a bearish signal for the market.

AdrianoFeria.eth, identified as a founder and investor in the Web3 sector, used his platform to voice a strong critique of crypto "Key Opinion Leaders" (KOLs) and the broader market's susceptibility to "FUD" (Fear, Uncertainty, Doubt). His comments reflect a growing sentiment of "grifter fatigue" among some long-term participants who are wary of speculative projects and perceived manipulative tactics by certain influencers. This perspective underscores ongoing debates about integrity and genuine innovation within the rapidly evolving cryptocurrency landscape.