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Ethereum’s Foundational Test: Buterin’s Moves and the Long-Term Bull Case

Ethereum’s Foundational Test: Buterin’s Moves and the Long-Term Bull Case

Published:
2026-02-23 08:53:11
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Recent market movements have cast a spotlight on Ethereum's price action, with co-founder Vitalik Buterin's reported sell-offs coinciding with notable declines. In the latest activity, Buterin sold 1,869 ETH, valued at approximately $3.67 million, as the asset's price fell 5.7% to around $1,875. This follows a previous, larger transaction where he offloaded 6,958 ETH worth $14.78 million, an event that preceded a more significant 22.7% price drop. The subsequent pressure has seen ethereum test levels near $1,848, with the combined sell-offs totaling roughly $18 million contributing to the downward momentum. While these actions by a foundational figure understandably attract attention and can induce short-term volatility, they represent a single data point in a much larger ecosystem narrative. From a professional and bullish perspective, such events often create strategic entry points. Ethereum's long-term value proposition remains fundamentally intact, driven by its unparalleled position as the leading platform for decentralized applications, smart contracts, and the foundational layer for major sectors like DeFi and NFTs. Network upgrades continue to enhance scalability, security, and sustainability, strengthening its utility core. Short-term selling pressure, even from prominent figures, is a common occurrence in asset maturation and does not diminish the protocol's revolutionary role in the future of open, programmable finance. The current phase may well be viewed in hindsight as a consolidation period within a broader, upward-trending market cycle, emphasizing that Ethereum's price is ultimately a function of its massive and growing network utility, not individual transactions.

Ethereum Faces Selling Pressure as Vitalik Buterin Offloads Holdings

Ethereum co-founder Vitalik Buterin sold 1,869 ETH worth $3.67 million, coinciding with a 5.7% price decline to $1,875. This follows a previous sale of 6,958 ETH ($14.78 million) that precipitated a 22.7% drop. The repeated sell-offs by Ethereum's creator are amplifying downward pressure on ETH's valuation.

Ethereum Slides to $1,848 as Vitalik Buterin's $18M Sell-Off Adds Pressure

Ethereum extended its decline, touching $1,848 amid a wave of selling pressure. Co-founder Vitalik Buterin liquidated 8,800 ETH worth $18.45 million in February—accelerating the downtrend that began when ETH dropped 22.7% from $2,360 following his earlier sales.

Binance recorded $33.3 billion in Ethereum inflows, the highest since November 2025. Declining staking demand compounds the sell-off, flooding markets with liquid supply. One analyst warns of a potential 60% crash to $600 before any sustained recovery toward five-figure valuations.

Vitalik Buterin Proposes Transaction Simulations to Strengthen Ethereum Wallet Security

Ethereum co-founder Vitalik Buterin has unveiled a security roadmap emphasizing transaction simulations as a frontline defense against wallet vulnerabilities. The proposal targets the growing threat of phishing attacks and execution mismatches by allowing users to preview onchain outcomes before signing.

Intent-based verification systems would LAYER with spend limits, multisig approvals, and formal verification methods. This redundancy aims to create friction for high-risk transfers while maintaining usability for routine transactions.

The plan arrives as Ethereum records $200M+ in annual wallet breaches. Buterin's framework suggests AI could eventually flag discrepancies between user intent and smart contract execution patterns.

Ethereum Breaches $1,900 as Buterin Sales and Whale Exodus Trigger 5.6% Plunge

Ethereum tumbled below critical support levels to $1,877 amid cascading liquidations exceeding $115 million. The second-largest cryptocurrency now tests February lows as founder-led selling and institutional exodus converge.

Vitalik Buterin's $3.6 million ETH disposal through opaque wallets mirrors his $14.78 million divestment earlier this month - transactions historically preceding double-digit declines. Market makers now watch the $1,850 level where perpetual swap funding rates turned negative.

Parallel whale activity compounds pressure: a single address dumped 14,183 ETH ($42 million) after nine years of dormancy. Blockchain analysts trace the coins to 2015 genesis blocks, suggesting early adopters are taking profits despite Ethereum's Dencun upgrade narrative.

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