Vitalik Buterin Sells 17,000 Ethereum (ETH) During Market Crash, Price Drops 37% in a Month!
Jakarta, Pintu News – Shocking news comes from Ethereum founder Vitalik Buterin, who has reportedly sold as many as 17,000 of his ETH coins so far this month. This massive sale comes amidst the depressed performance of the crypto market, where the price of the coin has fallen sharply by 37 percent in the last 30 days.
For those of you who are holders of cryptocurrency assets, this move by the central figure behind the world’s second-largest blockchain network certainly raises a lot of speculation and questions about the future direction of the market.
Transaction Details and Sales Value in Rupiah
Based on blockchain tracking data, the value of the 17,000 Ethereum (ETH) released by Vitalik Buterin is estimated at $34.6 million or equivalent to IDR 580,603,000,000 (exchange rate IDR 16,759). This transaction was carried out in stages through various decentralized exchanges before finally being converted into stablecoins or fiat currencies. It’s worth noting that while this amount may seem fantastic to retail investors, for the Ethereum (ETH) ecosystem as a whole, this volume is a small fraction of the total daily liquidity rotating in the global market.
This increase in selling pressure occurred just as the price of one unit of Ethereum (ETH) was hovering around $2,035 or around Rp34,104,565 per coin. The drastic 37 percent drop from its monthly high has wiped out a huge amount of market capitalization, sparking fears of a longer crypto winter. You are advised to remain calm and look at the data objectively, as Vitalik often conducts sales to fund research, network development, and social donations to various humanitarian organizations around the world.
Market Reaction and Impact on Other Crypto Assets
Negative sentiment due to sales by these big names usually has a domino effect on other coins such as Bitcoin , Ripple , and meme tokens such as Pepe Coin . When the price of Ethereum (ETH) corrected sharply in the forex market, many investors started taking profits or moving their assets to more stable instruments such as gold. You should understand that volatility is an integral part of the cryptocurrency investment world, and price movements of this magnitude are often opportunities for those with long-term strategies.
Technical analysts see that the price support levels are currently being tested very strongly, with the “whales” or large holders starting to accumulate again at lower prices. You can utilize advanced tools to monitor whether the outflow of funds from Vitalik’s wallet will continue or start to slow down in the next few days. Portfolio diversification remains key so that you are not overly dependent on the movement of one type of digital asset, especially when global macroeconomic conditions are uncertain.
The Future of Ethereum (ETH) After Vitalik’s Sale
Despite the significant price drop, the fundamentals of the Ethereum (ETH) network reportedly remain strong with the number of developers and decentralized applications continuing to rise. Many experts believe that this 37 percent price correction is a healthy phase to clear the market of excessive speculation before starting a new upward trend. You should stay updated on technological updates on blockchain networks to have a broader view of the intrinsic value of the coins you currently own.
It’s important to always do your own research and not get caught up in the mass panic that often occurs when important figures sell off. History shows that crypto markets always manage to bounce back from severe pressure, provided that the adoption of the technology and the real utility of the digital asset continues to grow. With proper risk management and a deep understanding of the digital ecosystem, you will be better prepared for any possible price volatility that occurs in the future.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin (BTC) and other crypto asset investments are the responsibility of the reader.
Reference:
- Sam Reynolds/CoinDesk. Vitalik Buterin Sold 17,000 ETH This Month as Ether Fell 37%. Accessed February 26, 2026.
