Vitalik Buterin Sells 2,961 ETH in Three Days as On Chain Data Shows Ongoing Activity

• On-chain data shows Vitalik sold 2,961.5 ETH in three days near $2,228  and the selling continues today now.

• The wallet activity remains transparent on-chain with no mixers used and all the ETH transfers stay fully visible.

• Market pressure existed before the sales as traders reacted fast while daily ETH liquidity stayed strong.

On-chain data shows Vitalik Buterin selling Ether at a faster pace over the past three days. Wallet records linked to vitalik.eth confirm ongoing ETH sales.

vitalik.eth(@VitalikButerin) is dumping $ETH fast!

Over the past 3 days, Vitalik has sold 2,961.5 $ETH($6.6M) at an average price of $2,228 — and the selling is still ongoing.https://t.co/Q9G1lEsdiP pic.twitter.com/C1vBn5UimJ

— Lookonchain (@lookonchain) February 5, 2026

The data shows 2,961.5 ETH sold so far. The total value reached about $6.6 million. The average sale price stood near $2,228. Importantly, the selling activity has not stopped yet.

On-Chain Records Confirm Continuous Selling Activity

Blockchain trackers flagged repeated ETH transfers from vitalik.eth across multiple sessions. The wallet executed sales in small batches rather than a single transaction. This structure allowed steady execution across changing market conditions. Each transaction settled on-chain without delay. As a result, observers identified a consistent selling pattern. The data confirms the activity remains active and ongoing.

Moreover, the use of decentralized swap tools enabled gradual execution. These swaps avoided sharp liquidity disruptions. Still, the pace increased compared to previous periods. Over three days, the cumulative amount grew quickly. Therefore, market participants labeled the activity as fast selling. The wallet behavior differs from long inactive periods seen before.

Market Reaction Builds as ETH Price Remains Under Pressure

The accelerated selling occurred during a broader market pullback. Ether already traded under pressure from macro conditions. Risk assets faced selling across global markets. As a result, traders closely monitored large wallet movements. The vitalik.eth activity intensified attention.

Although ETH trades billions daily, high-profile wallet actions influence sentiment. Short-term traders reacted quickly to the data. Social platforms amplified the dumping narrative. Consequently, volatility increased around key price levels. However, price weakness preceded most of these transfers. The sales followed existing downside momentum rather than initiating it. Additionally,  Buterin recently warned that Ethereum faces rising complexity as new features are added.

Wallet Transparency Shows No Obscured Fund Movements

Despite the fast selling pace, wallet activity remains fully traceable. On-chain analytics platforms tracked each transfer in real time. The wallet interacted with ETH and stablecoin pairs. No hidden routing appeared in the transaction paths. Additionally, no mixing services surfaced during execution. This transparency allowed independent verification of every sale.

Furthermore, related wallets showed compatibility with assets like USDC and EUROe. Settlement flows remained clean and direct. Observers detected no attempts to conceal destinations. Therefore, the selling activity stayed visible to the market throughout.

Ongoing Sales Keep Traders Focused on Short-Term Signals

The continued selling has kept traders focused on near-term ETH direction. The pace over three days marked a clear acceleration. At the same time, the total amount remains modest relative to market depth. Long-term holders often view such flows differently. However, short-term participants respond faster to wallet data.

As selling continues, attention remains on future transfers from Vitalik. Vitalik Buterin just proposed a DAO and prediction market model to fix creator tokens hurt by popularity bias and AI spam. On-chain updates will guide sentiment in coming sessions. For now, the data confirms one point clearly. Vitalik Buterin is selling ETH quickly, and the activity is still underway.