Vitalik Buterin: The Ethereum Foundation will be a "smaller vessel," selling a reduced amount of $ETH . Vitalik Buterin published a lengthy post on X this Sunday, addressing the recent turmoil at the Ethereum Foundation (EF), defending the ongoing restructuring of the organization, and outlining the long-term technical direction he envisions. Buterin framed the post as his personal opinion and not an official statement from the board. These announcements come amid a wave of high-profile resignations from the Ethereum Foundation, rekindling the debate over the organization's direction, as at least eight major contributors to EF have either left or announced plans to exit by 2026, including five in May. Buterin noted that the foundation holds about 0.16% of the total ETH, which is less than many individual holders, and far from the 10% to 50% range he mentioned is common in other blockchain organizations. The foundation has allocated documents selling approximately 6 million ETH to the long-term fund at the Ethereum Foundation, which is roughly equivalent to 10% of the about 60 million ETH sold in the 2014 crowdfunding campaign, and also about 8.3% of the total Genesis supply of Ethereum, which is approximately 72 million ETH #ETHEFTS #WhiteHouseShooting #RussiaExpandsMinerInfoRequirements #FenwickWestSettlesFTXFor54M $BTC $AITECH