Ethereum Founder Vitalik Buterin Continues ETH Selling Spree
Decrypt
by Logan HitchcockFebruary 23, 2026
AI-Generated Deep Dive Summary
Ethereum founder Vitalik Buterin has been selling significant amounts of ETH in recent days, with on-chain data showing over 3,100 ETH—or more than $6.1 million—traded through his wallets via decentralized exchange CoW Swap. This latest selling spree follows earlier sales totaling nearly $29 million worth of Ethereum, including at least $2.3 million to fund Ethereum Foundation initiatives. Buterin has been vocal about reducing his holdings as part of the Foundation's "mild austerity" measures aimed at ensuring long-term sustainability and aligning with Ethereum's ambitious roadmap.
The ongoing ETH sales have coincided with a broader crypto selloff, causing Ethereum's price to drop by
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Originally published on Decrypt on 2/23/2026