2 hours ago
2
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry high risk. Always conduct your own research (DYOR). On-chain data is public but subject to interpretation.
Vitalik Buterin sold 428.57 ETH on Feb 22, 2026, totaling $15.51M since Feb 2. Reports of a single $8.2M transaction on Sunday are unconfirmed by on-chain data.
Categories: Ethereumeth coin
Recent rumors circulating in the crypto space suggested a massive $8.2 million single-day dump by $Ethereum co-founder Vitalik Buterin. However, verified on-chain data and reports from reputable sources like Lookonchain, Phemex, and Blockchain News tell a different, more nuanced story.
On February 22, 2026, Vitalik Buterin executed a sale of 428.57 ETH, valued at approximately $850,000. While this contributes to a larger trend of selling seen throughout February, it falls significantly short of the sensationalist figures reported by some outlets.
Fact Check: Did Vitalik Sell $8.2M Today?
The short answer is no. There is no confirmed single transaction or aggregate movement totaling $8.2 million from Buterin’s known wallets (such as vitalik.eth) on February 22.
The Real Numbers
According to OnchainLens and Lookonchain, the specific activity for Sunday involved:
- Amount Sold: 428.57 ETH
- Asset Received: 850,178 GHO (Aave’s stablecoin)
- Estimated Value: ~$850,000
This transaction is part of a broader, transparent liquidation strategy that Buterin has been open about since late January.
Vitalik’s February Sales History
Since February 2, 2026, Buterin has been consistently offloading portions of his holdings. These moves are often tracked via Ethereum price charts (adjusted for $ETH) as they can impact short-term sentiment.
| Feb 2 – Feb 22 | 7,386 ETH | $15.51 Million | ~$2,100 |
| Feb 22 Only | 428.57 ETH | $850,000 | ~$1,983 |
These sales are conducted through the CoW Protocol, a decentralized exchange aggregator that uses batch auctions to minimize price impact and protect against MEV (Maximal Extractable Value) bots. This method confirms that Buterin is not "dumping" in a way intended to crash the crypto market.
Tax season is right around the corner. Did you pick a crypto tax tool yet? Check out our comparison
Why is Vitalik Selling Ethereum?
Contrary to "FUD" (Fear, Uncertainty, and Doubt) suggesting a loss of confidence, these sales are tied to a publicly announced development funding and philanthropy roadmap.
- Ethereum Foundation Austerity: Buterin recently noted that the Ethereum Foundation is entering a period of "mild austerity." To compensate, he is personally funding "special projects" that were previously under the Foundation's umbrella.
- Cypherpunk Roadmap: On January 16, 2026, Vitalik outlined a vision to reclaim "lost ground" in self-sovereignty. The funds are earmarked for:
- Open-source security software
- Privacy-preserving technologies (ZK-proofs)
- Biotech research (via his Kanro initiative)
- Secure hardware development
Investors looking to understand how these sales compare to broader exchange activity can visit our exchange comparison page to see where liquidity is highest.
English (US) · 