$ETH
📊 Vitalik Sells $8.9M in ETH - But Price Keeps Climbing
is up around 3% today, but Ethereum is stealing the spotlight. While ETH surged nearly 8% toward $2,060, Vitalik Buterin sold another 4,458 ETH worth about $8.9M - bringing his planned 16,384 ETH sale to 97% completion.
Zoom out, and the numbers are clear.
Since February 2, Buterin has sold roughly 15,479 ETH for nearly $31M at an average price near $1,999. In just the past week, over $8.6M was converted into stablecoins like PYUSD, EURC, LUSD, and GHO. Despite that, he still holds about 259K ETH - close to $500M.
Here’s what makes this interesting:
▪ ETH gained about 7.5% in 24 hours despite ongoing sales
▪ Trading volume surged, signaling strong demand
▪ Only ~504 ETH$ETH remains in the disclosed selling plan
Resistance sits near $2,155, with support between $1,990–$2,070. Hold that zone, and $2,200 comes into view. Lose it, and a deeper pullback becomes possible.
The takeaway: even founder selling hasn’t derailed momentum. Right now, demand is absorbing supply - and that’s what trends are built on.
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