$ETH Vitalik Buterin's recent Ethereum sales have sparked curiosity and concern among investors. He's sold over 10,700 ETH ($21.74 million) in February 2026, part of a planned strategy to support ecosystem development and fund open-source initiatives.
The sales have put short-term pressure on ETH's price, with a 5.7% drop after a 1,869 ETH sale. However, analysts believe the impact will be limited due to Ethereum's large daily trading volume ($17 billion).
Buterin's plan is to fund:
- Open-source software projects
- Privacy technologies
- Biomedical research through charities
Despite the sale