Vitalik Buterin’s ETH Sell-Off: A $6.6M Comedy of Errors!

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In a turn of events that could only be described as both tragic and farcical, Ethereum‘s illustrious co-founder, Vitalik Buterin, has decided to part ways with a not-so-insignificant chunk of his personal ETH stash over the course of a few days, proving once again that in the world of cryptocurrency, nothing is ever truly stable-except perhaps Vitalik’s sense of timing.

  • Our dear friend Vitalik has managed to offload nearly 3,000 ETH, which, at a modest valuation of $6.6 million, begs the question: Is he planning to start a new career as a hedge fund manager or simply funding his next existential crisis?
  • This bombshell comes on the heels of Buterin’s revelation that he has thoughtfully earmarked 16,384 ETH-about $44-$45 million at today’s rather fickle prices-to champion long-term open-source and infrastructure projects. Panic not, for this is not a hasty liquidation but a calculated move, or so we are led to believe.

According to the blockchain seers at Lookonchain, our protagonist has parted with precisely 2,961.5 ETH, netting himself a rather tidy sum at an average price of around $2,228 per unit. And guess what? The drama continues to unfold as the selling spree appears far from over.

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.

– Lookonchain (@lookonchain) February 5, 2026

Lookonchain’s crystal ball has also noted that these trades sprouted from an address publicly associated with our beloved Vitalik, who seems to prefer routing multiple smaller transactions through decentralized protocols-perhaps in a bid to maintain some semblance of market decorum and avoid the kind of chaos typically associated with a toddler at a birthday party.

As fate would have it, this grand performance coincides with a rather tumultuous period in the crypto markets. Ethereum was flirting with a price of $2,075 at the time of writing, suffering from a 7.5% dip in the last 24 hours. Such whimsical fluctuations often lead to rampant speculation among traders, with major holders’ sales illuminating the market like a neon sign reading “Buy at Your Own Risk!”

It’s worth noting that when founders and early contributors decide to sell, the crypto community watches like hawks-after all, these actions are often misinterpreted as signals of doom rather than mere liquidity maneuvers. While the amount sold by Vitalik constitutes but a minuscule fraction of Ethereum’s total supply, the transparency of on-chain transactions ensures that such developments are immediately broadcasted and debated with the fervor of a Shakespearean tragedy.

Vitalik Buterin’s ETH sales linked to planned long-term funding

Fear not, dear readers; these ETH sales are not the spontaneous combustion of a financial soul. Only last week, Buterin took to the digital stage to announce that he had, in fact, set aside 16,384 ETH from his personal vault, ostensibly to support initiatives that are both noble and altruistic, essentially creating a techno-utopia where code reigns supreme.

In a verbose missive on X, Buterin outlined his grand vision to foster open-source, secure, and verifiable technology, complete with infrastructure and public-goods research. This disclosure has led at least some market participants to view the recent divestitures as part of an elaborate funding strategy rather than a panicked retreat. Indeed, in the world of crypto, even the most bewildering actions can be rationalized with just the right amount of spin.

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2026-02-05 16:35