Ethereum co-founder Vitalik Buterin has sold a total of 10,723 Ether (ETH) since February 1, 2026, coinciding with a period of low crypto prices.
In the past 72 hours, an outflow of 3,765 ETH (equivalent to $7.08 million) was recorded from an address linked to the developer.
According to on-chain data on the Ethereum network, Buterin sold his holdings. Multiple lots totaled $21.74 million throughout the month. For the sale, we used the decentralized exchange Cow Swap and exchanged ETH for stablecoin GHO and PayPal USD (PYUSD).
After the recent liquidation, Buterin’s holdings are still at a significant level, but have shown a certain downward trend in order to fund various ecosystem goals.
After these operations, Buterin still has 224,105 ETH (valued at $408 million) at known addresses, according to analytics platform Arkham Intelligence.
Regarding the nature of these transactions, Buterin himself indicated in January that he was planning a strategic deployment of the funds. after that, Transferred 16,384 ETH to the Ethereum Foundation to fund the project Promote open, secure and verifiable software and hardware.
Therefore, these recent ETH sales may be related to these fundings (though this has not been confirmed yet).
Selling affects investor confidence
The sales activities of the most influential people in the industry are often interpreted as: warning signsthis could lead to a decline in the optimism of market participants.
As such, this selling trend could undermine investor confidence, especially as it comes after a 39% drop in Ether value last month. As of today, February 24th, the cryptocurrency is trading at $1,825, accumulating another 8.6% loss in the last week.
Why is the price of ETH falling?
As reported by CriptoNoticias, the outlook for Ether and other cryptocurrencies will be influenced by the macroeconomic situation in the United States, which is characterized by legal and political disputes over international trade.
On Friday, February 20, the U.S. Supreme Court struck down many of President Donald Trump’s tariff policies, ruling that the administration cannot invoke the International Emergency Economic Powers Act (IEEPA). unilaterally impose taxes.
Despite the court’s ruling, President announces new global tax rate of 15% through other legal alternativesAs a result of this announcement, markets interpreted it as an escalation of aggressive trade policy.
In such a risk-averse environment, investors often sell assets considered risky, such as Bitcoin (BTC) and cryptocurrencies, and turn to traditional havens. This uncertainty caused Ether to lose support at $1,900.is trading near crisis levels as traders assess the impact of a possible escalation of the trade war on the global economy.
