Vitalik Buterin sells $7.3M in ETH as Ethereum price slips
Ethereum co-founder Vitalik Buterin has continued trimming his Ether holdings, selling nearly $7.3 million worth of ETH over the past three days, according to blockchain analytics firm Lookonchain.
Summary
- Vitalik Buterin sold 3,788.57 ETH worth roughly $7.3 million over the past three days, according to Lookonchain.
- The sales come as Ethereum trades lower on the week, hovering around the $1,800 level amid broader market consolidation.
- Despite the recent disposals, wallets linked to Buterin still hold substantial ETH, suggesting the sales represent a fraction of his overall holdings.
Vitalik Buterin offloads 3,788 ETH amid Ethereum pullback
In a post on X, Lookonchain said the wallet labelled vitalik.eth offloaded 3,788.57 Ethereum (ETH) during the period, extending a recent pattern of sales that has drawn attention from traders monitoring large on-chain movements. At current prices, the transactions are valued at roughly $7.3 million.
The latest disposals come amid a softer week for Ethereum. ETH has traded under pressure in recent days, hovering around the $1,800 mark after slipping from higher levels earlier in the week.
The token is down nearly 8% over the past seven days, reflecting broader caution across the crypto market as Bitcoin dropped below $65,000.
Buterin’s sales follow earlier reports of ETH transfers and liquidations during periods of price weakness. Previous coverage noted that some of his transactions were linked to charitable donations and ecosystem funding, though on-chain data alone does not always specify the end use of funds.
The renewed selling also comes as Buterin has been publicly focused on Ethereum’s long-term resilience. In recent commentary, he outlined a new security-oriented blueprint aimed at strengthening wallet safety and reducing systemic risks in decentralized finance.
Large transactions from prominent founders often trigger short-term speculation, but analysts caution that Buterin’s overall holdings remain substantial. According to Arkham data, wallets attributed to him still contain a significant balance of over $430 million, suggesting the recent sales represent a fraction of his total portfolio.
For now, traders are watching whether continued founder-linked outflows add to near-term price pressure or remain a marginal factor in Ethereum’s broader market dynamics.
