Vitalik Buterin Withdraws 16,384 ETH as Ethereum Foundation Enters ‘Austerity Phase’

January 30, 2026

Ethereum co-founder Vitalik Buterin has withdrawn 16,384 ETH, worth roughly $44.5 million at current prices, as the Ethereum Foundation enters what he described as a period of “mild austerity.”In a post published on X, Buterin said the Ethereum Foundation is adjusting its spending approach to meet two parallel goals. In …