Ethereum co-founder Vitalik Buterin sold thousands of ETH over the past few days as the token fell below $2,000, according to on-chain data shared by Lookonchain.<\/p>\n
The sales came during a broader wave of large-holder deleveraging that pushed ETH to multi-month lows and added to already heavy selling pressure across the market.<\/p>\n
On February 5, Lookonchain reported that wallets linked to the blockchain developer had sold<\/a> 2,961 ETH worth about $6.6 million over three days at an average price near $2,228. Less than 24 hours later, the analytics account said<\/a> total sales over the same three-day window had risen to 6,183 ETH, or roughly $13.2 million, with the average exit price closer to $2,140 as ETH continued to slide.<\/p>\n Some of the proceeds were quickly redirected, with Buterin transferring about $500,000 he earned from the sale of 212 ETH on February 2 to Kanro, a philanthropic initiative tied to open-source biomedical research.<\/p>\n Kanro Fund confirmed<\/a> the transfer the same day and said the funds will be used to support anti\u2013airborne-disease and pandemic-related projects. The group also pointed out that the Ethereum stalwart has been funding similar efforts for nearly three years, including a $20 million personal contribution made<\/a> in October 2025.<\/p>\n Buterin has publicly addressed his broader plans, saying in a recent post on X that he withdrew 16,384 ETH to support work spanning biotech, secure hardware, privacy-focused software, and other areas outside Ethereum\u2019s core protocol. He framed the move as part of a period of tighter spending at the Ethereum Foundation.<\/p>\n The price of ETH has faced some severe action in the last few days, falling<\/a> well below the $2,100 level that many traders viewed as a key support area and underperforming Bitcoin as risk appetite faded across altcoins.<\/p>\n At the time of writing, the world\u2019s second-largest cryptocurrency was trading around $1,900 after losing about 7% in the last 24 hours and more than 30% over the past week. On-chain data suggests the pressure is not limited to retail traders, with a February 5 CryptoQuant report showing<\/a> U.S. investors have been selling ETH at a discount, pushing the Coinbase Premium Index to its lowest level since July 2022. That pattern points to institutional de-risking during the current correction.<\/p>\n According to Lookonchain, other large holders have also been active. The firm reported on February 6 that Trend Research sold more than 170,000 ETH in under 10 hours to repay<\/a> loans, while Aave founder Stani Kulechov sold about 4,500 ETH near $1,900.<\/p>\n At the same time, some entities moved the other way, with serial crypto investors, 7 Siblings, buying<\/a> 9,000 ETH for just under $2,000 each as prices dipped.<\/p>\n The post Vitalik Buterin Increases ETH Selling as Price Falls Below $2K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum co-founder Vitalik Buterin sold thousands of ETH over the past few days as the token fell below $2,000, according to on-chain data shared by Lookonchain. The sales came during a broader wave of large-holder deleveraging that pushed ETH to multi-month lows and added to already heavy selling pressure across the market. ETH Sales Coincide […]<\/p>\n","protected":false},"author":0,"featured_media":133239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-133238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/133238"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133238"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/133238\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/133239"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Institutions and Whales Repositioning<\/h2>\n