Is It Ethereum's Sunset? ETH Sold by Top-Tier Whales and Funds

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Large holders start selling ETH pushed on Binance Advertisement Ethereum is going through one of its most aggressive sell-off periods in recent memory as funds, ecosystem insiders and major holders all try to limit their exposure. As volatility increases and ETH moves closer to the psychologically crucial $2,000 zone, on-chain data now reveals a wave of forced selling and liquidation avoidance from some of the largest market players. Large holders start selling The founder of Aave, Stani Kulechov, sent out the most recent signal just hours ago when he sold 4,503 ETH for about $8.36 million at about $1,857. These actions by prominent ecosystem players are rarely ignored and frequently heighten market anxieties, particularly in times of unstable markets. ETH/USDT Chart by TradingView Large amounts of ETH are still being sold by Trend Research to exchanges at the moment. In an effort to sell and lessen its exposure to debt, the fund recently sent Binance 20,000 Ethereum, or $38.6 million. With $343.77 million in debt and liquidation thresholds ranging from $1,509 to $1,800, Trend Research currently has 416,149 ETH on Aave valued at almost $791 million. HOT Stories Morning Crypto Report: One of Biggest XRP Sellers Revealed, -80% for Cardano (ADA): Founder Admits $3 Billion Loss, Binance Delists 20 Pairs After $2.6 Billion Liquidation Tsunami: Bitcoin Affected Too 'Be Greedy': Ripple CEO Reacts to XRP Price Crash That is not the end of the pressure. Additional reports indicate that wallets may be connected to Konstantin Lomashuk, a well-known ETH user and cofounder of P2P.org and cyber. His fund transferred 12,458 stETH and 2,566 ETH, or about $29 million, to Wintermute. This is usually a sign that market sales or liquidity operations are about to begin. Advertisement You Might Also Like Fri, 02/06/2026 - 05:23 'Be Greedy': Ripple CEO Reacts to XRP Price Crash By Alex Dovbnya Simultaneously, Lomashuk reportedly went long ETH four days ago in an attempt to catch the market bottom but was fully liquidated six hours ago, losing more than $4 million as the price continued to decline. The attempt demonstrates how even seasoned market players miscalculated downside risk. ETH pushed on Binance Additionally Trend Research transferred 203,000 ETH valued at $457 million to Binance overall. The company currently owns over 463,000 ETH, and its total losses are estimated to be over $855 million. Additionally, it has been reported that Vitalik Buterin has been selling Ethereum, which has put additional psychological pressure on the market. Advertisement As leveraged positions, funds and whales all unwind at the same time, Ethereum appears to be going through a coordinated exodus. The upcoming weeks are crucial for the asset's long-term trajectory #Ethereum