Vitalik Buterin Sells $7.3M in ETH as Ethereum Price Slips
Transaction Details
Vitalik Buterin, co-founder of Ethereum, sold 3,788.57 ETH (worth about $7.3 million) over the past three days, as reported by blockchain analytics firm Lookonchain.
The sales were made from the wallet labelled vitalik.eth, continuing a recent pattern of ETH disposals.
These transactions occurred while Ethereum’s price hovered around $1,800, reflecting a broader market pullback.
Market Context
Ethereum has been under pressure, dropping nearly 8% in the past week, with Bitcoin also falling below $65,000.
Buterin’s sales coincide with a period of market consolidation and increased caution among traders.
Large founder-linked transactions often attract attention and speculation, but analysts note that Buterin’s overall ETH holdings remain substantial.
Implications and Observations
Despite the sales, wallets attributed to Buterin still hold over $430 million in ETH, indicating these disposals are a small fraction of his portfolio.
Previous ETH transfers by Buterin have sometimes been linked to charitable donations and ecosystem funding, though the exact purpose of these sales is not specified.
Buterin remains focused on Ethereum’s long-term resilience, recently proposing new security measures for wallet safety and DeFi risk reduction.
Traders are monitoring whether continued founder-linked outflows will impact Ethereum’s price or if they are marginal in the broader market dynamics.
Date of News: February 24, 2026