On-chain information from Arkham Intelligence and Lookonchain confirmed that Vitalik Buterin has resumed his promoting spree of ETH with one other multi-million greenback switch.
The analysts defined that he had withdrawn one other batch of three,500 ETH (price roughly $7 million on the time) from Aave with the possible intention to promote. On the time of the unique publish a number of hours in the past, he had already disposed of 571 ETH ($1.13 million).
After a two-week break, vitalik.eth(@VitalikButerin) is promoting $ETH once more!
8 hours in the past, he withdrew 3,500 $ETH($6.95M) from Aave to promote.
To this point, he has already offered 571 $ETH($1.13M).https://t.co/pMvkZHjIyDhttps://t.co/DYpg3yFecJ pic.twitter.com/jLCKLk6hE9
— Lookonchain (@lookonchain) February 22, 2026
CryptoPotato has reported a number of related cases in February alone, by which on-chain information indicated that he had begun disposing of a few of his ETH fortune. A February 5 report confirmed that the challenge’s co-founder had offered off 2,961 ETH ($6.6 million on the time) in simply three days.
A day later, Lookonchain knowledgeable that the full gross sales had grown to six,183 ETH, which was valued at $13.2 million. The typical exit value was $2,140.
Arkham Intelligence retains a detailed eye on Buterin’s addresses, and a report from earlier this week famous that he nonetheless held greater than 240,000 ETH, valued at round $467 million. Nevertheless, that information was earlier than at this time’s sell-offs.
In the meantime, ETH’s value has been on a constant downtrend for months. After it peaked at near $5,000 in late August final yr, it was violently rejected and ended 2025 at round $3,000. The late January/early February crash was brutal, pushing the asset to below $1,800.
Though it has recovered some floor since then, Ether nonetheless struggles beneath $2,000. In style analyst Ali Martinez outlined the formation of a bullish flag yesterday for ETH, however with a significant catch: the chart was inverted, displaying in actuality that ETH could possibly be primed for an additional correction to below $1,400.
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