Vitalik Buterin Sells 3788 ETH Worth $7.3M in Just 3 Days

Highlights:

• Vitalik Buterin has continued to sell his Ethereum holdings.
• The Ethereum co-founder dumped 3,788.57 ETH worth $7.3 million within 3 days.
• Ethereum’s price has continued to dip despite ongoing interest from BitMine Immersion Technologies

Ethereum co-founder Vitalik Buterin has continued to dump his Ethereum (ETH) holdings. According to one of Lookonchain’s most recent tweets, the Ethereum co-founder has sold 3,788.57 ETH, valued at roughly $7.3 million, within just three days. On February 23, the on-chain crypto transaction tracker reported that Buterin is quickly dumping ETH tokens again. He had dumped 1,869 ETH worth approximately $3.67 million within two days before the most recent selloffs. 

Advertisement

Lookonchain added that ETH dropped 5.7% from $1,988 to $1,875 during the selling spree on February 23. The last time Buterin sold 6,958 ETH, valued at about $14.78 million, the token’s price dropped 22.7% from $2,360 to $1,825. While the Ethereum co-founder’s actions raised suspicions and concerns about a price decline, he has remained silent on the topic, fueling speculation about possible reasons for the sales.

vitalik.eth(@VitalikButerin) continues to sell $ETH.

Over the past 3 days, he has sold 3,788.57 $ETH($7.3M).https://t.co/pMvkZHjIyDhttps://t.co/yQHZT3jRtA pic.twitter.com/wDreT4ysOW

— Lookonchain (@lookonchain) February 24, 2026

Buterin is renowned for donating to charity and supporting promising crypto projects. The money realized from the token selloffs could be for one of such projects. It could also be invested in strengthening Ethereum’s overall outlook. The Ethereum founder has consistently tweeted on how to improve Ethereum and the entire crypto space using advanced technologies, particularly Artificial Intelligence (AI). He recently shared a new framework for crypto security, centered on human intent and redundancy. 

Vitalik Buterin Sells 3788 ETH and Still Maintains a Robust Portfolio

On Arkham API, the Ethereum co-founder’s portfolio is worth $433.5 million. Ethereum remains the most valuable asset in the wallet. Despite the consistent selloffs, Buterin currently holds 244,106 ETH, valued at approximately $409.4 million. The second largest asset in the wallet is AETHWETH, valued at over $22 million. The remaining assets in the portfolio are worth less than $1 million. Some of them include WHITE, AETHLUSD, MOODENG, KNC, and LUSD.

Meanwhile, the cryptocurrency market is 3.2% down in the past 24 hours and valued at approximately $2.261 trillion. Its 24-hour trading volume is $115.8 billion. Bitcoin (BTC) dominates at 55.9%, while Ethereum follows with a 9.73% dominance.

Within the same timeframe, Ethereum has dropped by 2.9%, changing hands at about $1,824 with a market cap of $220.04 billion and a trading volume of $20.9 billion. In the past week, month, and year, Ethereum has declined by 7.9%, 38%, and 33.2%, respectively.

Tom Lee’s BitMine Continues to Demonstrate Strong Faith in Ethereum

On February 23, BitMine Immersion Technologies published its weekly financial report. The publication showed that as of February 22, 2026, BitMine’s total crypto, cash, and early-stage investments are valued at $9.6 billion. Notably, Ethereum is the most dominant asset in the portfolio. BitMine holds 4.42 million ETH, valued at roughly $8.7 billion at an average cost of $1,958 per token. The company currently controls 3.66% of all Ethereum in circulation, making it the largest Ethereum treasury in the world.

Bitmine Immersion Technologies BUYS $95M IN ETH, TOTAL HOLDINGS HIT 4.42M

Bitmine purchased 51,162 $ETH worth $95.36 million last week, bringing its total Ethereum holdings to 4.42 million $ETH, with 3.04 million now staked, highlighting growing corporate exposure to Ethereum… pic.twitter.com/uViWLkahZH

— Crypto Town Hall (@Crypto_TownHall) February 24, 2026

Out of its total holdings, 3.04 million ETH were staked, generating consistent income for the company. These staked tokens are valued at approximately $6 billion. Notably, current staking activity generates about $171 million yearly. This could rise to about $249 million once all Ethereum tokens are fully staked.

Advertisement