{"id":559718,"date":"2026-02-23T09:28:17","date_gmt":"2026-02-23T09:28:17","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1287236"},"modified":"2026-02-23T09:28:17","modified_gmt":"2026-02-23T09:28:17","slug":"ethereum-traders-on-alert-after-vitalik-buterin-dumps-another-3-6m-in-eth","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/02\/23\/ethereum-traders-on-alert-after-vitalik-buterin-dumps-another-3-6m-in-eth\/","title":{"rendered":"Ethereum Traders on Alert After Vitalik Buterin Dumps Another $3.6M in ETH"},"content":{"rendered":"<div class=\"eth-editorial-banner\"> <img decoding=\"async\" class=\"eth-editorial-logo\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/11\/cnf2-scaled-1-1-1.png\" alt=\"Crypto News Flash\"> <span class=\"eth-editorial-text\">All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.<\/span> <\/div>\n<ul>\n<li><strong>Vitalik Buterin has sold Ethereum worth $3.67 million, triggering a 6% drop in the token\u2019s price as his February dump now hits 8,800 ETH.<\/strong><\/li>\n<li><strong>ETH inflows to exchanges have surged, with Binance inflows hitting their highest level since November as market sentiment dampens.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>Ethereum founder Vitalik Buterin has once again sold a substantial amount of ETH at a time when the altcoin is struggling to hold above critical price levels.<\/p>\n<p>Over the weekend, Vitalik sold 1,869 ETH, worth $3.67 million at the time of the sale, data from onchain analytics platform Lookonchain revealed. The sale sparked a 5.7% dip from $1,988 when the first sale was made, to $1,875.<\/p>\n<p>Ethereum trades at <strong>$1,886<\/strong> at press time after dropping <span><strong>4.5%<\/strong><\/span> in the past day despite a 44% uptick in its trading volume to hit $16.4 billion. While the sale may have contributed to the drop, the entire market started off the week on the red, with BTC, XRP, BNB and and ADA all shedding at least <strong><span>3.5%<\/span><\/strong>, as SOL lost<span><strong> 7%<\/strong><\/span>.<\/p>\n<p>Cumulatively, Vitalik has sold over 8,800 ETH in February, onchain data shows. In his previous sale, he dumped 6,958 ETH, valued at $14.8 million at the time of sale. That sale preceded a 23% price drop from $2,360 to $1,825.<\/p>\n<p>Despite the sales, he still <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/vitalik-buterin\" target=\"_blank\" rel=\"noopener\">holds<\/a> over 224,000 ETH, worth nearly $450 million.<\/p>\n<p>The sale is part of Vitalik\u2019s efforts to contribute his own funds to the development of the network. As CNF <a href=\"https:\/\/www.crypto-news-flash.com\/ethereum-foundation-cuts-back-funding\/\">reported<\/a>, he announced that the Ethereum Foundation would implement austerity measures this year and cut back funding for many of its projects. In his individual capacity, he would contribute his funds to keep some of the vital projects running, pledging over 16,000 ETH to open-source privacy and security projects.<\/p>\n<figure id=\"attachment_1287289\" aria-describedby=\"caption-attachment-1287289\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1287289 size-full\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2026\/02\/ETH-1-scaled.jpeg\" alt=\"ETH\" width=\"2560\" height=\"1247\"><figcaption id=\"caption-attachment-1287289\" class=\"wp-caption-text\">Image courtesy of <a href=\"https:\/\/x.com\/lookonchain\/status\/2025749797655962058\">Lookonchain<\/a> on X.<\/figcaption><\/figure>\n<p>Earlier this month, he also <a href=\"https:\/\/www.crypto-news-flash.com\/buterin-back-zcash-donate-shielded-labs\/\">donated<\/a> an undisclosed sum to Shielded Labs, the project that\u2019s seeking to introduce proof-of-stake to Zcash, a network that was originally derived from the Bitcoin codebase and inherited its proof-of-work <a href=\"https:\/\/www.crypto-news-flash.com\/what-are-consensus-mechanisms\/\">consensus mechanism<\/a>.<\/p>\n<h3>Ethereum Loses 36% in Last Month<\/h3>\n<p>While the sales by Vitalik may have done some damage to ETH\u2019s price, the leading altcoin has been struggling for over four weeks now. After a great start to the year, where it hit this year\u2019s high of $3,380 in mid-January, its fortunes have turned, in line with the broader crypto and stocks markets.<\/p>\n<p>In the last 30 days, ETH has shed 36.44% of its value, a much steeper drop than Bitcoin\u2019s 26% or XRP\u2019s 28%.<\/p>\n<p>Ether\u2019s struggles could continue in the short term, with onchain data showing that ETH inflow to exchanges is surging. <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/699b75ed63d8c42764426426-Ethereum-inflows-on-Binance-rise-to-their-highest-level-since-last-November\" target=\"_blank\" rel=\"noopener\">According<\/a> to onchain data platform Crypto Quant, over $33 billion worth of the altcoin has been sent to Binance, the largest crypto exchange, in the past 30 days. This is the highest inflow since November. Exchange inflows indicate that traders are preparing to sell off their holdings, which could put further pressure on the struggling token.<\/p>\n<p>However, it\u2019s not all bad news for Ethereum. BitMine Immersion, the company launched by Tom Lee that has now become an ETH treasury, has continued accumulating the token as it works towards its stated goal of owning 5% of the network\u2019s supply. It recently revealed that it has achieved 72.3% of its goal, purchasing 128,160 ETH in February and 132,000 in January.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bitmines goal to own 5% of the total <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> supply is now 72.3% complete. <\/p>\n<p>Bullish on <a href=\"https:\/\/twitter.com\/search?q=%24BMNR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BMNR<\/a>. <a href=\"https:\/\/t.co\/UsTOvgPmJr\">pic.twitter.com\/UsTOvgPmJr<\/a><\/p>\n<p>\u2014 Crypto Rover (@cryptorover) <a href=\"https:\/\/twitter.com\/cryptorover\/status\/2025504838797430869?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">February 22, 2026<\/a><\/p>\n<\/blockquote>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Vitalik Buterin has sold Ethereum worth $3.67 million, triggering a 6% drop in the token\u2019s price as his February dump now hits 8,800 ETH. ETH inflows to exchanges have surged, with Binance inflows hitting their highest level since November as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":559719,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,10],"tags":[103,32,53,25,283],"class_list":{"0":"post-559718","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"category-other","9":"tag-eth","10":"tag-ether","11":"tag-ethereum","12":"tag-news","13":"tag-vitalik-buterin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/559718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=559718"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/559718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/559719"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=559718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=559718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=559718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}