Vitalik Buterin Sells $7.3M in ETH Over Three Days During Continued Market Downturn

ETH3,05%
BTC4,53%
BCH-0,36%
  • Vitalik Buterin reduced 3,788.57 ETH, worth around $7.3 million, in just three days.
  • Ethereum slides 4% today, trading at $1,821.55, which marks a 37% monthly fall.

The founder-related wallet moves are always important, mainly during the turbulent crypto market. In such a scenario, Ethereum founder Vitalik Buterin has sold ETH worth around $7.3 million in just three days, as the transactions occurred during a period when ETH is experiencing persistent monthly losses and volatility, which raises fears about major on-chain moves.

On-chain analytics tool Lookonchain said that Buterin sold 3,788.57 ETH, coinciding with Ethereum’s current bearish trend. The previous day, ETH had plummeted to $1,858, indicating further downward pressure

According to Arkham Intel data, Vitalik Buterin’s portfolio stands at $432 million, and at present, he holds 224.106K ETH, which covers the portfolio value of $408.37 million. As a result, the recent ETH sales of Buterin are only a small fraction of the present total portfolio.

​At the same time, Buterin spoke that perfect crypto security remains unattainable due to the complexity of human intent and the limitations of code. For that, he stressed a layered security, intended to improve user safety and limit systemic risks.

ETH Price Update

While writing the article, ETH is trading at $1,821.55, down 3.42% on the day. The asset has declined more than 8% over the past seven days and dropped around 37% in the past month. Meanwhile, the daily trading volume increased by 25%, which indicates high market activity even during the price drop.

According to Coinglass data, Ethereum’s total liquidations stand at $105.48 million over the past 24 hours, with the majority wiped out by the long positions, which are around $81 million, which signals that bullish traders were affected the most. In addition, the open interest also been negative, which is down 2.41% shows that the traders are closing positions and that fresh capital inflows remain limited.

Highlighted Crypto News Today:

Bitcoin Cash (BCH) Slides 10% and Enters Danger Territory: Is a Crash Below $400 Brewing?

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The Ethereum Foundation Bug Bounty Program's maximum reward has been increased to $1 million.

Gate News Announcement: On March 10th, Ethereum Foundation Security Researcher Fredrik tweeted that the Ethereum Foundation's bug bounty program's maximum reward has been increased from $250,000 to $1,000,000. The scope includes protocol bugs, client bugs, language compiler bugs, deposit contract bugs, and dependency errors. Infrastructure vulnerabilities (such as web, DNS, email, etc.), ERC-20 contract bugs, Ethereum Name Service (ENS) vulnerabilities, and others are not covered by this bounty program.

GateNews8m ago

Vitalik Buterin Proposes Native DVT for Ethereum, Ethereum Foundation Stakes 72,000 ETH Using DVT-Lite

Ethereum co-founder Vitalik Buterin has proposed integrating native distributed validator technology directly into Ethereum's staking protocol, allowing multiple independent nodes to operate as a single grouped validator identity to enhance security and decentralization.

CryptopulseElite15m ago

ETH 15-minute increase of 1.32%: Major capital inflows and technical rebound resonate to drive the rise

2026-03-10 02:30 to 2026-03-10 02:45 (UTC), ETH's 15-minute return reached +1.32%, with a price range of 2020.97 to 2054.01 USDT, and an amplitude of 1.63%, showing a significant anomaly. Market attention increased accordingly, volatility intensified, and short-term trading activity rose. The main driver of this anomaly was the concentration of large on-chain funds buying in, especially multiple large wallets making cumulative large purchases of over 3000 ETH near key support levels, directly pushing up the ETH price.

GateNews41m ago

Yesterday, the US Ethereum spot ETF experienced a net outflow of $51.26 million.

Gate News Report, March 10 — According to crypto analyst Trader T's monitoring, yesterday (March 9), the US Ethereum spot ETF experienced a net outflow of $51.26 million. Among them, BlackRock's ETHA had a net outflow of $55.08 million; Fidelity's FETH had a net inflow of $16.22 million; 21Shares' TETH had a net inflow of $1.01 million; Grayscale's ETHE had a net outflow of $13.41 million.

GateNews43m ago

Liquid Capital Founder: Ethereum below $2000 is worth watching; stablecoin AI payment value is emerging

Liquid Capital founder Jack Yi pointed out that Ethereum is worth paying attention to below $2000 and believes this year is suitable for preparing new funds and platforms. He emphasized that the development of AI brings innovative opportunities to the crypto industry, while also mentioning that team risk is the biggest challenge faced by the primary market.

GateNews47m ago

ETH Breaks Through 2050 USDT

Gate News bot message, Gate market display, ETH breaks through 2050 USDT, current price 2050.34 USDT.

CryptoRadar53m ago
Comment
0/400
No comments