Ethereum co-founder Vitalik Buterin has surpassed his publicly stated target of selling 16,384 ETH, with on-chain data showing total disposals have now reached over 18,000 ETH, valued at more than $38 million.<\/p>\n
The sales, which have accelerated over the past 24 hours, come with ETH struggling against a multi-month downtrend that has seen it lose nearly 60% of its value since last summer\u2019s all-time high above $4,900.<\/p>\n
Blockchain analytics firm Lookonchain reported<\/a> early Thursday that wallets linked to Buterin have now exceeded the 16,384 ETH threshold he announced in late January.<\/p>\n The blockchain developer initially disclosed his plan on January 31, 2026, stating he had withdrawn 16,384 ETH to fund open-source software and hardware development, privacy tools, and security-critical infrastructure projects.<\/p>\n He characterized the move as part of a period of \u201cmild austerity\u201d for the Ethereum Foundation, with him personally assuming funding responsibilities for certain initiatives to ensure the Foundation\u2019s long-term sustainability.<\/p>\n The selling began in early February and has unfolded in distinct phases. On February 5, Lookonchain reported Buterin had sold 2,961 ETH worth $6.6 million over three days at an average price of $2,228 per coin.<\/p>\n By February 6, total sales had grown to 6,183 ETH, valued at $13.2 million, with the pace accelerating later in the month. On February 22, on-chain data showed Buterin had withdrawn<\/a> another 3,500 ETH from Aave, and by February 23, Lookonchain flagged<\/a> additional sales of 1,869 ETH worth $3.67 million.<\/p>\n However, the most intense activity occurred between February 25 and 26. According to analyst Ted Pillows, Buterin sold<\/a> another $2.83 million worth of ETH in the past few hours alone, bringing his total for February to $38.2 million. The sales included an additional 2,300 ETH dumped after Ethereum posted a 10% daily gain, its first such move in over four months.<\/p>\n Transaction data shared by Lookonchain shows multiple swaps routed through CoW Protocol, a decentralized exchange aggregator that splits large orders into smaller swaps to minimize market impact. These batches ranged from 7 to 70 WETH and were executed in quick succession, pushing the total past the planned 16,384 ETH to 18,684 ETH.<\/p>\n Despite the disposals, Arkham Intelligence data indicates<\/a> Buterin remains one of the largest individual holders, with more than 240,000 ETH still in wallets associated with him.<\/p>\n The price of Ethereum has shown significant volatility during the period of Buterin\u2019s sales. The asset is currently trading around $2,050, up 8.6% in the last 24 hours and 3.6% over the past week, according to CoinGecko. However, the token is still down nearly 30% over the past month and almost 18% across one year.<\/p>\n Analyst Ali Martinez noted<\/a> that Ethereum\u2019s broader decline coincided with significant ETF outflows, with data showing that over the last five weeks, institutional products have offloaded about 563,600 ETH, worth about $1.13 billion.<\/p>\n If selling pressure continues, Martinez identified several critical downside levels to watch, with $1,800 as an immediate pivot, followed by $1,584, $1,238, and a deeper capitulation zone near $1,089.<\/p>\n The post Vitalik Buterin Exceeds 16,384 ETH Selling Target with $38M in Total Disposals<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum co-founder Vitalik Buterin has surpassed his publicly stated target of selling 16,384 ETH, with on-chain data showing total disposals have now reached over 18,000 ETH, valued at more than $38 million. The sales, which have accelerated over the past 24 hours, come with ETH struggling against a multi-month downtrend that has seen it lose […]<\/p>\n","protected":false},"author":0,"featured_media":138182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-138181","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\/138181"}],"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=138181"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/138181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/138182"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=138181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=138181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=138181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ethereum Price Action<\/h2>\n