en
Back to the list

Vitalik Buterin Sells 17,196 ETH, Sparking Market Discussions Amid Ethereum Rally

source-logo  thenewscrypto.com 26 February 2026 07:30, UTC
image
  • Vitalik Buterin sold 17,196 $ETH, which has crossed the plan of selling 16,384 $ETH.
  • Ethereum is surging around 8% in the last 24 hours, which outperformed Bitcoin.

Vitalik Buterin is continuously selling $ETH beyond his selling plan, as he sold more than $34 million in Ethereum. The latest sales occurred as Ethereum gained more than 8% in the past 24 hours, indicating a resurgence of positive momentum, and causing debates among traders over Buterin’s broader strategy.

The blockchain analytics platform, Lookonchain, reported today that Ethereum co-founder Vitalik Buterin has continued selling $ETH, with his cumulative sales reaching 17,196 $ETH worth of $34.96 million.

Attention!

As vitalik.eth(@VitalikButerin) keeps selling $ETH, his total sales have reached 17,196 $ETH($34.96M), already exceeding his planned 16,384 $ETH.

How much more $ETH will he sell?https://t.co/jUpszrNFIQ pic.twitter.com/8aJvc2fRYP

— Lookonchain (@lookonchain) February 26, 2026

As Buterin’s current total sales already surpass his previously planned sales of 16,384 $ETH. On January 30, Buterin shared a post on X and said that the planning isn’t about personal profit or market timing, it’s about funding long-term projects aligned with his vision of Ethereum and broader digital autonomy.

With that, Buterin’s recent excess $ETH sales created a discussion on whether additional $ETH sales could follow and what the broader strategy behind the transactions could be. According to previous sales data, Buterin sold around 3,788.57 $ETH, worth $7.3 million, nearly three days before February 24, while $ETH was trading lower at around $1,820.

$ETH Market Movements

While writing the article, Ethereum is trading at $2,053.87, as the daily trading volume surged 61.47%, reaching towards $30.78 billion, which outperforms Bitcoin, XRP, and BNB. With that, it has increased by around 4% over the past week. But, in the broader sense, the price remains weak by 30% down over the month.

Ethereum’s total liquidations in the last 24 hours are $203.29 million, of which the majority were wiped out through short positions around $176.56 million, which indicates that bearish traders were largely caught. Meanwhile, open interest has climbed nearly 16%, pointing to a significant increase in active futures contracts.

Even during these gains, ETHZilla announced that it will rebrand as Forum Markets, shifting to a treasury-focused model centered on holding Ethereum, as the move follows a slump in crypto prices that caused the company’s shares to collapse.

Highlighted Crypto News:

Investors Show Increased Risk Appetite After BTC Price Nears $69k

thenewscrypto.com