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\n\t\t\t\t\t\t\t\t\tVitalik Buterin has exceeded his previously stated plan to sell 16,384 ETH, with total disposals now reaching 18,684 ETH.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Ethereum co-founder Vitalik Buterin has surpassed his publicly stated target of selling 16,384 ETH, with on-chain data showing total disposals have now reached over 18,000 ETH, valued at more than $38 million.<\/p>\n
The sales, which have accelerated over the past 24 hours, come with ETH struggling against a multi-month downtrend that has seen it lose nearly 60% of its value since last summer\u2019s all-time high above $4,900.<\/p>\n
Blockchain analytics firm Lookonchain reported<\/a> early Thursday that wallets linked to Buterin have now exceeded the 16,384 ETH threshold he announced in late January.<\/p>\n The blockchain developer initially disclosed his plan on January 31, 2026, stating he had withdrawn 16,384 ETH to fund open-source software and hardware development, privacy tools, and security-critical infrastructure projects.<\/p>\n He characterized the move as part of a period of \u201cmild austerity\u201d for the Ethereum Foundation, with him personally assuming funding responsibilities for certain initiatives to ensure the Foundation\u2019s long-term sustainability.<\/p>\n The selling began in early February and has unfolded in distinct phases. On February 5, Lookonchain reported Buterin had sold 2,961 ETH worth $6.6 million over three days at an average price of $2,228 per coin.<\/p>\n By February 6, total sales had grown to 6,183 ETH, valued at $13.2 million, with the pace accelerating later in the month. On February 22, on-chain data showed Buterin had withdrawn<\/a> another 3,500 ETH from Aave, and by February 23, Lookonchain flagged<\/a> additional sales of 1,869 ETH worth $3.67 million.<\/p>\n However, the most intense activity occurred between February 25 and 26. According to analyst Ted Pillows, Buterin sold<\/a> another $2.83 million worth of ETH in the past few hours alone, bringing his total for February to $38.2 million. The sales included an additional 2,300 ETH dumped after Ethereum posted a 10% daily gain, its first such move in over four months.<\/p>\n Transaction data shared by Lookonchain shows multiple swaps routed through CoW Protocol, a decentralized exchange aggregator that splits large orders into smaller swaps to minimize market impact. These batches ranged from 7 to 70 WETH and were executed in quick succession, pushing the total past the planned 16,384 ETH to 18,684 ETH.<\/p>\n Despite the disposals, Arkham Intelligence data indicates<\/a> Buterin remains one of the largest individual holders, with more than 240,000 ETH still in wallets associated with him.<\/p>\n The price of Ethereum has shown significant volatility during the period of Buterin\u2019s sales. The asset is currently trading around $2,050, up 8.6% in the last 24 hours and 3.6% over the past week, according to CoinGecko. However, the token is still down nearly 30% over the past month and almost 18% across one year.<\/p>\n Analyst Ali Martinez noted<\/a> that Ethereum\u2019s broader decline coincided with significant ETF outflows, with data showing that over the last five weeks, institutional products have offloaded about 563,600 ETH, worth about $1.13 billion.<\/p>\n If selling pressure continues, Martinez identified several critical downside levels to watch, with $1,800 as an immediate pivot, followed by $1,584, $1,238, and a deeper capitulation zone near $1,089.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\nYou may also like:<\/h3>\n
Ethereum Price Action<\/h2>\n
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