Vitalik Buterin Offloads $3.67M in ETH Amid Ethereum Price Decline

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Vitalik Buterin Offloads $3.67M in ETH Amid Ethereum Price Decline

Highlights

  • Vitalik Buterin sold 8,800 ETH worth $16 million in February 2026.
  • ETH price dropped over 5% amid continued market weakness.
  • Trading volume jumped 33% despite the ongoing downtrend.

As the Ethereum price continues to slide, Vitalik Buterin is intensifying his ETH sales. Throughout February, the Ethereum founder has offloaded nearly 9,000 Ether tokens, as the asset maintains its downtrend.

Vitalik Buterin Accelerates ETH Sales in February

According to the latest findings of the on-chain analytics platform Lookonchain, Vitalik Buterin is continuously selling his ETH holdings. Over the past two days, Buterin dumped about 1,869 ETH, worth $3.67 million. With the latest round of selling, the total Ethereum sold by Buterin in February 2026 has reached 8,800, worth around $16 million.

This move comes hot on the heels of Vitalik Buterin’s previous transactions that totaled 3,500 ETH, valued at around $6.95 million. While Onchain Lens reported his Ether withdrawal from the DeFi platform Aave, he sold 571 tokens just within hours.

From Long-Term Allocation to Immediate Sales

Significantly, Vitalik Buterin’s recent ETH transactions highlight a clear gap between his long-term vision and swift market actions. On January 30, Buterin stated that the Ethereum Foundation is entering a period of “mild austerity.” This means that the platform is now focusing on better managing resources, further strengthening its goals.

As part of the plan, Buterin withdrew 16,384 ETH to support the foundation. He posited that the funds would be used for the platform gradually over the next few years.

However, things moved much faster than expected. On February 2, the Ethereum founder started selling his holdings. As CoinGape reported on February 5, Buterin sold Ether tokens worth $6.6M at an average price of $2,228 per coin in three days.

Ethereum Price Falls 5%

It is worth noting that Vitalik Buterin’s Ether sales are unfolding amid the ongoing Ethereum price decline. In line with the broader crypto market crash, the ETH price is also under pressure, currently trading at $1.872.

The Ethereum founder’s liquidation has further intensified the downtrend of the token. In early February, when he made his initial Ether sell-off, the ETH price fell from $2,360 to $1,825, marking a notable 22.7% decrease. Now, after the latest move, the token has plummeted by more than 5% in a day.  Over the past week and month, the altcoin has seen notable drops of 4.6% and a massive 36%, respectively.

The cryptocurrency is experiencing higher market activity despite its current downward trend. The token has seen increased trading activity, with 24-hour trading volume rising 33% to $15.24 billion. The ongoing market volatility appears to be driving this surge in activity, as traders remain confident in the altcoin’s long-term potential.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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