Crypto folks, another round of "heart racing and shaking legs" as on-chain data explodes: Vitalik Buterin just sold/transferred over 700 ETH in just 24-48 hours (as of 3/2/2026)! The specific number ranges from 493 ETH (~$1.16M) to a total of 704-705$ETH (~$1.63M - $1.94M), depending on the tracking source like Lookonchain and Arkham Intelligence
Retail immediately FUD: "Vitalik sells = ETH dies!", price dips slightly then viral meme "Vitalik goes to sleep selling ETH". But calm down – this is not a personal sell-off, but a familiar move from the "Russian genius" proving he still bets heavily on Ethereum long-term. Let's analyze deeply to see the truly bullish picture!
Transaction Details: Not a "Dump" but a "Fund"
Main transaction: Wallet vitalik.eth sold 493 ETH in 8 hours (~$1.16M), and 211.84 ETH exchanged for $500K USDC – then transferred directly to Kanro, the charity fund established by Vitalik in 2023 (focused on longevity research, biosecurity, disease prevention like COVID).
Previously (end of January): Vitalik withdrew 16,384 ETH (~$43-45M) for the Ethereum Foundation during the "mild austerity" phase – funding open-source security and privacy projects.
Vitalik still holds over 235,000 $ETH (billions of USD) – selling a few hundred coins is just "pocket change" to him.
This is a familiar pattern: Vitalik often sells small amounts to donate to charity or fund the ecosystem, especially when the price dips (buying dips for the foundation or selling for stable project funds).
What Signals for Ethereum?
Short term: There is slight FUD, ETH price dips a bit due to viral news on X (meme "Vitalik sells when pumping"). But in reality, ETH price increased by 5% in 24 hours, trading around $2,300-2,312 – showing that the market is not truly panicking.
Long term: Super Bullish! Vitalik is using his personal ETH to "pump" directly into the ecosystem: open-source charity, biosecurity, and reclaiming "cypherpunk origins" as he stated at the beginning of 2026. He clearly said: 2026 is the year Ethereum regains autonomy, decentralization, kills "trust me" wallets, and boosts scalability without compromising decentralization.
While retail sells out of fear, institutions (Hashkey, Bitmine) are accumulating strongly. Classic: "Whale buy the dip, retail sell the news".
Advice from the "Genius": Don't FUD, Just Hold!
Vitalik is not the type of founder who dumps bags like some trash projects. He lives simply, bets everything on Ethereum from the beginning, and uses his assets to build a better future (charity + dev). These "sales" often mark a local bottom – and then ETH pumps strongly afterwards.
If you are holding ETH: Chill out, this is a signal that the founder is still all-in long-term. 2026 could be the year Ethereum "flips the script" on BTC dominance, with a full aggressive roadmap.
What do you think? Is Vitalik's selling bearish or bullish? Comment below the coin$ETH
how much you are holding, let's overcome this dip together!