#VitalikSellsETH

Vitalik Sells ETH has been trending due to several on-chain transactions that occurred over the last few days (February 2–4, 2026).

While "founder selling" often triggers panic, the context here is largely philanthropic rather than a "dump" on the market.
What’s Actually Happening?

Blockchain monitors flagged several transactions from wallets associated with Vitalik:

The Recent Sales: Vitalik converted approximately 705 ETH (roughly $1.65 million) into stablecoins like USDC and GHO.

The Destination: A significant portion of these funds ($500,000+) was sent to Kanro, a biotech charity Vitalik founded to focus on pandemic preparedness and open-source health research.
The Larger Move: This follows a massive 16,384 ETH (~$45 million) move in late January. Vitalik stated this was part of his personal "austerity" plan to fund high-impact "special projects" (security, privacy, and open-source tech) that the Ethereum Foundation is no longer directly financing.
Market Context

gained traction because these sales coincided with a broader dip in the crypto market:

Ethereum has been trading around $2,200, down over 20% in the last week.

The "fear" is amplified by other large players, like Trend Research, dumping nearly 90,000 ETH to cover leveraged positions, which has put significantly more pressure on the price than Vitalik’s relatively small charitable sales.
The Verdict: Bullish or Bearish?

Most analysts view this as business as usual. Vitalik has a long-standing history of liquidating small percentages of his holdings for:

Donations (Biotech, AI safety, and public goods).

Ecosystem Support (Funding developers and privacy tech).

Reducing Foundation Overhead (Moving projects to personal funding).

Bottom Line: While the hashtag makes it sound like a mass exit, the data shows it’s a drop in the bucket compared to ETH's daily volume—essentially a billionaire writing a check for a science project.
As of early this morning, February 5, 2026, Ethereum is showing signs of stabilizing after the recent volatility.

While the "Vitalik selling" narrative added some psychological pressure, the price action suggests the market is attempting to find a floor. Here is the current snapshot:
ETH 24-Hour Market Action

Current Price ~$2,735 USD

24-Hour Trend Up ~0.47% (Short-term recovery)

Sentiment Cautiously Bullish
Recovery Analysis

"Downtrend" Balancing: After sliding towards the $2,000 levels earlier in the week, the price has seen a series of "higher lows" in the last few hours.

Short-Term Momentum: Earlier today, ETH jumped approximately 0.67% in a single 30-minute timeframe, indicating that buyers have stepped in to absorb selling pressure from larger institutions.

Support Levels: The price is currently struggling to maintain its position above the $2,700 level. If it holds here, the FUD (Fear, Uncertainty, and Doubt) stemming from the Vitalik Sells ETH trend will likely dissipate.
What to Watch

The next 12 hours are crucial. If ETH can clear the $2,800 resistance level, it would signal that the market has fully digested the news of Vitalik's philanthropic liquidations and is ready to resume its previous trend.

‍$ETH