$14M ETH Sale by Vitalik Sparks Questions About Ethereum’s Next Move

Ethereum trades near $1,900 as Vitalik Buterin sells $14M in ETH and spot Ethereum ETFs record continued investor outflows.

Ethereum has shown signs of price stability after a week of strong selling pressure across the crypto market. The development comes as Ethereum co-founder Vitalik Buterin completed ETH sales worth about $14 million.

The transactions occurred while Ether trades near key technical levels and amid continued outflows from Ethereum spot exchange-traded funds.

Ethereum Price Stabilizes After Sharp Weekly Decline

Ethereum has managed to hold above the $1,900 level following recent market volatility.

At the time of reporting, ETH was trading near $1,970 after a modest daily increase. This movement followed a week marked by heavy losses.

Over the past seven days, Ethereum price dropped by nearly 25 percent. The decline aligned with a broader crypto market sell-off that reduced total market value.

Despite this pressure, recent data shows a mild rebound across major assets.

Bitcoin and several other large cryptocurrencies recorded small intraday gains.

These movements suggest that selling intensity may be slowing. Traders continue to monitor whether current price levels can hold.

Vitalik Buterin’s ETH Transfers Draw Attention

Blockchain data shows that Vitalik Buterin sold more than $14 million worth of Ethereum.

The transactions involved ETH and Wrapped ETH. They were executed across multiple transfers over a short period.

🚨 BREAKING:

VITALIK BUTERIN CONTINUES DUMPING ETHEREUM EVERY FEW MINUTES

HE JUST SOLD $14 MILLION WORTH OF $ETH AND KEEPS SELLING MORE

EVEN THE FOUNDER IS DUMPING NOW… pic.twitter.com/Ie1HMbNLDZ

— ᴛʀᴀᴄᴇʀ (@DeFiTracer) February 6, 2026

Founder-linked transactions often attract market attention due to their symbolic value.

However, the sold amount represents a limited share of Ethereum’s circulating supply. Past transactions by Buterin have included donations and operational funding.

There has been no official comment explaining the recent sales. Without direct statements, market participants rely on historical context.

Analysts continue to track on-chain activity for further clarity.

**Related Reading: **Ethereum’s Co-Founder Calls for L2s That “Bring Something New to the Table”

ETF Outflows and Technical Signals Shape Outlook

Ethereum spot exchange-traded funds recorded net outflows during the same period.

Data from February 5, 2026, showed Ethereum ETF outflows totaling $80.79 million. This indicated shifting institutional positioning.

Bitcoin spot ETFs also experienced sizable outflows on that date. Net withdrawals reached $434 million, with the largest share linked to BlackRock’s IBIT fund. In contrast, Solana spot ETFs posted small net inflows.

According to SoSoValue, on Feb. 5 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $434 million. The BlackRock spot Bitcoin ETF IBIT saw the largest single-day net outflow at $175 million. Spot Ethereum ETFs posted total net outflows of $80.79 million, while Solana… pic.twitter.com/CaG4x5fyeo

— Wu Blockchain (@WuBlockchain) February 6, 2026

Technical indicators for Ethereum show mixed conditions. The Relative Strength Index stands near 41, suggesting ETH is approaching oversold territory.

The Chaikin Money Flow remains slightly negative but close to neutral.

Ethereum rebounds above $1,900 as momentum stabilizes, source: TradingView.

Key resistance levels are observed near $2,225 and $2,400. Support remains concentrated around $1,900 and $1,950.

Ethereum’s short-term direction may depend on broader market stability and liquidity trends.

As Ethereum trades within a defined range, traders continue to watch price behavior closely.

Founder activity, ETF flows, and technical indicators remain central to current market discussions.