Ethereum founder Vitalik Buterin accelerates ether sales

Ethereum founder Vitalik Buterin accelerates ether sales

Source: CoinDesk

Published:10:15 UTC

BTC Price:$66375

#ETH #VitalikButerin #Crypto

Analysis

Price Impact

Med

Vitalik buterin's sales, while not massive in the grand scheme of eth's market cap, can create short-term downward pressure, especially in a weak market. his actions are closely watched by the community.

Trustworthiness

High

The information is directly from a news report citing blockchain data (lookonchain, arkham intelligence) and official announcements from the ethereum foundation. vitalik buterin's actions are verifiable.

Price Direction

Bearish

The immediate effect of selling pressure, even from a prominent figure like buterin, tends to push prices down, especially when the market is already experiencing a downtrend, as indicated by the recent price decline.

Time Effect

Short

These sales are part of an ongoing plan, but the immediate impact of large sales is typically felt within a short timeframe (days to weeks) before the market digests the news and other factors take over.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ethereum founder Vitalik Buterin accelerates ether sales The latest sales are part of a broader plan announced in late January to fund ecosystem development and other initiative. By Omkar Godbole | Edited by Oliver Knight Feb 23, 2026, 10:15 a.m. Make us preferred on Google Vitalik Buterin steps up ether sales in a weak market. (Wikipedia Commons/CC BY-SA 4.0/Modified by CoinDesk) What to know : Ethereum co-founder Vitalik Buterin has sold 1,869 ether worth about $3.67 million over two days, pressuring an already weak market. The latest sales are part of a broader plan announced in late January to fund ecosystem development and other initiative. Ethereum founder Vitalik Buterin is offloading ether (ETH) worth millions, adding bearish pressure in an already weak market. Buterin has sold 1,869 ether, worth $3.67 million, over two days, having withdrawn 3,500 ether from Aave, according to data tracked by blockchain sleuth Lookonchain. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Ether's price has declined nearly 3% over the past 48 hours, hitting a 20-day low of $1,844 at one point early Monday, CoinDesk data shows. The token has been in a downtrend since hitting a high of over $4,900 in August last year. Since Feb. 2, Buterin has supposedly sold almost over 8,000 ether . These sales follow a Jan. 30 announcement that he would withdraw and liquidate his 16,384 ether to finance ecosystem development, open-source software and other key initiatives while the Ethereum Foundation enters a "mild austerity" phase. Still, as of writing, Buterin held over 224,000 ether, worth $429 million, according to Arkham Intelligence . While Buterin has been trimming his holdings, this supply is being gobbled up by the likes of ShapeShift Founder Erik Voorhees and a whale associated with crypto services provider Matrixport. Ethereum News Vitalik Buterin More For You Bitdeer sold all its bitcoin to fund its move into AI data centers By James Van Straten | Edited by Jamie Crawley 18 minutes ago Singapore based BTC and AI miner sells all holdings to build liquidity for expansion, signaling a broader shift in capital strategy across the sector. What to know : Bitdeer (BTDR) reduced its bitcoin holdings to zero as of Feb. 20, in its latest weekly update to prepare liquidity for powered land acquisitions. The move marks a break from the traditional miner strategy of hoarding bitcoin as a treasury asset, as the company prioritizes hash rate growth and infrastructure expansion. Bitdeer recently priced a $325 million convertible notes offering and a $43.5 million equity raise to fund datacenter expansion, HPC and AI cloud growth. Read full story Latest Crypto News Bitdeer sold all its bitcoin to fund its move into AI data centers 18 minutes ago Circle Internet, crypto miners report earnings: Crypto Week Ahead 53 minutes ago AI bot's tipping blunder hands $450,000 memecoin pile to X sad story poster 4 hours ago $61 million bitcoin whale liquidated on HTX as sentiment back at 'extreme fear' 4 hours ago Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak 5 hours ago Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses 8 hours ago Top Stories Small investors are buying bitcoin. For a rally to succeed, the whales need to join in. Feb 21, 2026 Blue Owl liquidity crisis has investors bracing for 2008-style fallout — it could mean bitcoin's next bull run Feb 21, 2026 Ethereum's Vitalik Buterin proposes AI 'stewards' to help reinvent DAO governance Feb 21, 2026 How AI is helping retail traders exploit prediction market 'glitches' to make easy money Feb 21, 2026 To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing 18 hours ago ProShares' stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle 19 hours ago