-
On-chain data shows Vitalik sold 2,961.5 ETH in three days near $2,228 and the selling continues today now.
-
The wallet activity remains transparent on-chain with no mixers used and all the ETH transfers stay fully visible.
-
Market pressure existed before the sales as traders reacted fast while daily ETH liquidity stayed strong.
On-chain data shows Vitalik Buterin selling Ether at a faster pace over the past three days. Wallet records linked to vitalik.eth confirm ongoing ETH sales.
vitalik.eth(@VitalikButerin) is dumping $ETH fast!
Over the past 3 days, Vitalik has sold 2,961.5 $ETH($6.6M) at an average price of $2,228 — and the selling is still ongoing.https://t.co/Q9G1lEsdiP pic.twitter.com/C1vBn5UimJ
— Lookonchain (@lookonchain) February 5, 2026
The data shows 2,961.5 ETH sold so far. The total value reached about $6.6 million. The average sale price stood near $2,228. Importantly, the selling activity has not stopped yet.
On-Chain Records Confirm Continuous Selling Activity
Blockchain trackers flagged repeated ETH transfers from vitalik.eth across multiple sessions. The wallet executed sales in small batches rather than a single transaction. This structure allowed steady execution across changing market conditions. Each transaction settled on-chain without delay. As a result, observers identified a consistent selling pattern. The data confirms the activity remains active and ongoing.
Moreover, the use of decentralized swap tools enabled gradual execution. These swaps avoided sharp liquidity disruptions. Still, the pace increased compared to previous periods. Over three days, the cumulative amount grew quickly. Therefore, market participants labeled the activity as fast selling. The wallet behavior differs from long inactive periods seen before.
Market Reaction Builds as ETH Price Remains Under Pressure
The accelerated selling occurred during a broader market pullback. Ether already traded under pressure from macro conditions. Risk assets faced selling across global markets. As a result, traders closely monitored large wallet movements. The vitalik.eth activity intensified attention.
Although ETH trades billions daily, high-profile wallet actions influence sentiment. Short-term traders reacted quickly to the data. Social platforms amplified the dumping narrative. Consequently, volatility increased around key price levels. However, price weakness preceded most of these transfers. The sales followed existing downside momentum rather than initiating it. Additionally, Buterin recently warned that Ethereum faces rising complexity as new features are added.
Wallet Transparency Shows No Obscured Fund Movements
Despite the fast selling pace, wallet activity remains fully traceable. On-chain analytics platforms tracked each transfer in real time. The wallet interacted with ETH and stablecoin pairs. No hidden routing appeared in the transaction paths. Additionally, no mixing services surfaced during execution. This transparency allowed independent verification of every sale.
Furthermore, related wallets showed compatibility with assets like USDC and EUROe. Settlement flows remained clean and direct. Observers detected no attempts to conceal destinations. Therefore, the selling activity stayed visible to the market throughout.
Ongoing Sales Keep Traders Focused on Short-Term Signals
The continued selling has kept traders focused on near-term ETH direction. The pace over three days marked a clear acceleration. At the same time, the total amount remains modest relative to market depth. Long-term holders often view such flows differently. However, short-term participants respond faster to wallet data.
As selling continues, attention remains on future transfers from Vitalik. Vitalik Buterin just proposed a DAO and prediction market model to fix creator tokens hurt by popularity bias and AI spam. On-chain updates will guide sentiment in coming sessions. For now, the data confirms one point clearly. Vitalik Buterin is selling ETH quickly, and the activity is still underway.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
In the past 24 hours, liquidations across the entire network totaled $197 million, with short liquidations accounting for over 54%.
Gate News message, April 7, according to CoinAnk data, over the past 24 hours the entire network liquidated $197 million in total, including approximately $89.12 million in long positions and approximately $108 million in short positions. By coin, liquidations were approximately $98.06 million for Bitcoin and approximately $37.04 million for Ethereum.
GateNews40m ago
Ethereum spot ETFs had total net inflows of $120 million yesterday, and none of the ten ETFs had net outflows
On April 6, Ethereum spot ETF total net inflows reached $120 million, and all ten ETFs achieved net inflows. BlackRock’s ETF ETHA and Fidelity’s ETF FETH had single-day net inflows of $60.82 million and $40.05 million, respectively, with historical net inflows of $11.62B and $2.33B, respectively. Total net asset value was $12.28B, and the net asset ratio was 4.74%.
GateNews1h ago
The SEC will roll out new rules to “regulate cryptocurrencies”: defining what counts as fundraising and what falls under securities; it has already been submitted to the White House
The U.S. Securities and Exchange Commission (SEC) is set to roll out new rules for “regulating cryptocurrencies” to完善 the crypto asset regulatory framework and clarify whether trading constitutes a security. The rule is based on the 1933 Securities Act and may affect compliance pathways for mainstream assets, aiming to balance protecting investors with encouraging innovation.
GateNews2h ago
Bit Digital staked 43,335 ETH via liquid_col, worth approximately $91.34 million
Gate News message: On April 7, according to monitoring by Onchain Lens, Bitcoin mining company Bit Digital staked 43,335 ETH via liquid_col, worth approximately $91.34 million.
GateNews2h ago
Global central banks exploit crypto infrastructure at low cost, mBridge uses an Ethereum-based architecture
The global cryptocurrency market fell sharply between 2021 and 2022, while central banks in various countries began to use blockchain infrastructure developed by the private sector—such as the BIS’s mBridge project—without having to bear development costs. This model has sparked controversy, because when central banks adopt technology that has already undergone deep validation by the private sector, it may erode incentives for private-sector innovation and affect future financial venture investments.
MarketWhisper3h ago
A certain address’s ETH swing trading generated a profit of $256k, and it has completed take-profit and exited.
Gate News message, April 7, according to crypto analyst Ai Yi monitoring, a certain address built a position of 4,827 ETH at about $2,047.53 between April 4 and April 5, and sold it on April 7 at about $2,100.94. This batch of ETH was transferred to a certain CEX within the past 3 hours and exchanged for USDT; the transaction amount was approximately $10.14 million. The profit from this swing trade was approximately $256k.
GateNews3h ago
