TLDR
- Ethereum (ETH) is currently trading at roughly $1,882 following a dip to as low as $1,848, extending a wider downward trend
- Vitalik Buterin offloaded more than 8,800 ETH—valued at about $18.45 million—in February 2026
- Ethereum inflows into Binance have reached their peak since November 2025, totaling $33.3 billion over a 30-day period
- A single analyst forecasts a potential 60% plummet to $600 before a long-term rebound to the $10,000–$15,000 range
- Falling staking interest is boosting the liquid supply of ETH, creating additional short-term selling pressure
This month, Ethereum has fallen to a low of $1,848 and is now trading at around $1,882, with factors like high-profile sales, growing exchange inflows, and sluggish staking demand putting downward pressure on its price.
Vitalik Buterin, co-founder of Ethereum, sold more than 8,800 ETH in February 2026, amounting to roughly $18.45 million in total value.
Lookonchain, a blockchain analytics company, verified that Buterin sold 6,958 ETH (valued at $14.78 million) in early February. Over that time frame, ETH declined from $2,360 to $1,825—a 22.7% drop.
vitalik.eth() is selling at a quicker pace once more.
Over the last two days, he’s sold 1,869 ($3.67 million). In that span, dropped from $1,988 to $1,875—a 5.7% decrease.
The previous time he sold 6,958 ($14.78 million), plummeted from $2,360 to $1,825— a 22.7% decline.…
— Lookonchain (@lookonchain)
In the last two days, he sold an extra 1,869 ETH for approximately $3.67 million. During that period, ETH dropped from $1,988 to $1,875—another 5.7% fall.
Buterin had earlier mentioned that these sales are part of a plan to allocate 16,384 ETH to long-term projects over multiple years. Data from Arkham Intelligence indicates he still owns 224,105 ETH.
Binance Sees Multi-Month High Inflows of Ethereum
Per CryptoQuant data, Ethereum inflows into Binance over the past 30 days have hit around $33.3 billion— the highest figure since November 2025.
Significant inflows into exchanges may indicate that investors are getting ready to sell. But analysts point out this isn’t always a negative sign; it can sometimes mean strategic reallocation or being prepared to trade during unstable market phases.
An analyst observed that ETH’s reaction to these high inflows will probably decide if they result in ongoing selling pressure or a phase of redistribution.
Meanwhile, demand for staking has dropped significantly. When staking inflows decrease, more ETH enters the circulating supply, which can push prices down further.
Combined, growing exchange inflows and declining staking demand suggest that the market’s liquid supply of ETH is on the rise.
Analyst Outlines Path: $600 First, Then $15,000
Crypto analyst Alexhiz on presented a bearish short-term outlook, proposing that ETH might drop an additional 60% from its current price to roughly $600.
The analyst claims this kind of drop would signify a complete market capitulation and liquidity reset, enabling long-term accumulation to occur.
After that accumulation phase, the analyst forecasts a potential expansion period where ETH could aim for $10,000–$15,000 between 2028 and 2029, drawing on historical market cycle patterns.
The analyst points out that any recovery would probably be strongly linked to Bitcoin’s performance, given its role as the overall market leader.
ETH is now trading at about $1,882, after hitting a low of $1,848 earlier this February.