Ethereum co-founder Vitalik Buterin continued to reduce his Ether holdings, selling nearly $7.3 million worth of ETH over the past three days, according to blockchain analytics firm Lookonchain.
Vitalik Buterin hands over 3,788 ETH amid Ethereum withdrawal
In a post on At current prices, the deals are valued at approximately $7.3 million.
The latest sales come amid a softer week for Ethereum. ETH has been trading under pressure in recent days, hovering around the $1,800 mark after falling from higher levels earlier in the week.
The token is down almost 8% over the past seven days, reflecting greater caution in the crypto market as Bitcoin has fallen below $65,000.
Buterin’s sales follow previous reports of ETH transfers and liquidations during periods of price weakness. Previous coverage indicated that some of its transactions were linked to charitable donations and ecosystem funding, although on-chain data alone does not always clarify the final use of the funds.
The resumption of sales also comes as Buterin has publicly focused on Ethereum’s long-term resilience. In a recent commentary, he outlined a new security-focused plan aimed at strengthening wallet security and reducing systemic risks in decentralized finance.
Large deals by high-profile founders often trigger short-term speculation, but analysts caution that Buterin’s overall holdings remain substantial. According to Arkham data, the wallets assigned to him still contain a significant balance of over $430 million, suggesting that recent sales represent a fraction of his total portfolio.
For now, traders are monitoring whether continued founder-related outflows add to near-term price pressure or remain a marginal factor in Ethereum’s broader market dynamics.