🚨 Vitalik’s $ETH Offloading Hits $16M in February — What’s the Play?
On-chain data confirms that Ethereum co-founder Vitalik Buterin has continued his systematic selling through February 2026. After a fresh withdrawal of 3,500 ETH from Aave, Buterin offloaded another 1,869 ETH (~$3.7M) over the last 48 hours.
The Breakdown:
Total Monthly Sales: Over 8,800 ETH (~$16M–$18M).
Price Impact: ETH has slipped roughly 5.7% during this latest window, testing the $1,840 support.
The Context: Vitalik previously noted that these sales are part of a "mild austerity" phase for the Ethereum Foundation to fund long-term ecosystem development.
Trading View: While $1,800 is the "line in the sand" for bulls, founder selling often creates psychological resistance. Watch for volume spikes at these levels. 📉