Vitalik Buterin Sold more than 8,800 Ethereum in February: Did this affect the price?

Ethereum co-founder Vitalik Buterin has accelerated his sale of Ethereum (eth) during February 2026, selling more than 8,800 ETH this month.

At the same time, the inflows of Ethereum to Binance rose to its highest level since November 2025. The intersection of a large sale and the increase of deposits on exchanges came at a time when eth is still in a broad downward trend.

Vitalik’s sale of Ethereum is on the rise

beincrypto previously reported that the sale of buterin for eth will start in early February. This move was in line with their stated plan to strategically allocate 16,384 ETH towards long-term initiatives in the coming years.

Buterin mentioned on the

Despite this, during February alone, Buterin sold more than 8,800 Ethereum, worth about $18.45 million, under… Fragile market conditions indeed.

Blockchain analytics company Locochain explained that Buterin sold 6,958 Ethereum worth $14.78 million in early February. During this period, the price of Ethereum fell from $2,360 to $1,825, registering a decrease of 22.7%.

In the last two days, he sold an additional 1,869 Ethereum worth $3.67 million.

LeConchain added that during that period, eth fell from $1,988 to $1,875, a decrease of 5.7%.

The sell-off may have increased short-term pressure on the price of eth, but it is also worth noting that the overall crypto market remains in a sustained downtrend, as macroeconomic uncertainty and decreased risk appetite take their toll on key assets.

Show data Arkham Intelligence After the recent sale, Buterin still has 224,105 ETH.

Binance flows rise to multi-month highs

I noticed that the sales of the founder of Ethereum increased dramatically as the inflows of Ethereum to Binance increased. According to the analysis of an analyst, the total flows to the platform in the last 30 days have reached about $ 33.3 billion, representing its highest level since last November.

High platform flows are often associated with increased trading activity or potential selling pressure, as investors typically move assets to trading platforms to prepare transactions. However, the analyst noted that this development should not necessarily be considered negative.

The publication stated that there are cases where higher flows reflect a strategic repositioning of investors or a willingness to engage in higher trading activity, especially during periods of volatility. Also, strong flows may be preceded by periods of price stability if additional supply is absorbed by demand.

The analyst added that the flow levels put the market in a sensitive stage. ETH’s reaction to this change will determine whether the inflows turn into sustained selling pressure or represent a redistribution phase before the next trend move.

However, this is not the only indicator that shows caution. A recent PennCrypto report highlighted a significant decrease in demand for Ethereum for storage.

Slowing storage flows may reflect a growing preference for liquidity amid uncertainty. If net storage decreases or reverses, this could increase the circulating supply of ETH, contributing to increased short-term selling pressure according to market demand.

Combined, increased pallet flows and decreased storage demand indicate increased liquid supply and reduced absorption, suggesting near-term supply-side pressure amid overall market weakness.

The eth price at the time of writing was shown to be trading at $1,868.04, down 5.35% over the last 24 hours, reflecting continuous bearish pressure.