Today’s Ethereum news is full of renewed selling pressure, with ETH falling below key support areas and market sentiment deteriorating in the crypto market. On-Today’s Ethereum news is full of renewed selling pressure, with ETH falling below key support areas and market sentiment deteriorating in the crypto market. On-

Ethereum News Today: Vitalik Buterin Continues To Sell as Investors Eye Next Price Target Of $2,200

2026/02/10 13:24
5 min read

Today’s Ethereum news is full of renewed selling pressure, with ETH falling below key support areas and market sentiment deteriorating in the crypto market. On-chain statistics indicate further selling by the big sellers, contributing to short-term panic over the price movement. With the spread of Ethereum news all over the crypto news platforms, there are those investors who are beginning to seek alternative sources of stability and growth other than ETH. One project drawing attention is Remittix, which has raised over $29.1 million while rolling out real products during a volatile period for digital assets.

Ethereum News Today: As Vitalik Sales Shake Market Confidence

Source: Trading View

Ethereum News Today: Vitalik Buterin Continues To Sell as Investors Eye Next Price Target Of $2,200

The Ethereum news has been cautious following reports by on-chain data indicating that there are still ETH sales associated with co-founder Vitalik Buterin. Lookonchain, wallets belonging to the Ethereum developer sold thousands of ETH in a few days when the price dropped to less than $2,000. First data exchange of 2,961 ETH around the price of $2,228, and then the total sales of 6,183 ETH at the average price of around $2,140 came as the downside momentum gained momentum.

This Ethereum news arrived during a broader wave of deleveraging across altcoins. ETH has underperformed Bitcoin and slipped well below the $2,100 level that many traders viewed as key support. At the time of writing, the world’s second-largest cryptocurrency was trading near $1,900, down over 30 percent in a week. This sharp move has increased market volatility and fueled bearish crypto analysis across the space.

Increased institutional repositioning has also been noted in Ethereum news. According to a CryptoQuant report, U.S. investors disposed of ETH at a discount, causing the Coinbase Premium Index to drop to its lowest point since mid 2022. That tendency is commonly indicative of institutional de-risking, as opposed to retail panic. Further transactions on the chain proved the presence of other large entities that sold to settle debts, with hardly any long-term buyers entering the market to buy during the downturn.

Although the fundamentals of blockchain technology, smart contracts, and Ethereum Layer 2 are high, the market sentiment in the near term is weak. Investors are now viewing $2,200 as a price point to regain as a critical price target before they can regain confidence. Until then, Ethereum news is likely to remain dominated by caution, rotation, and selective risk-taking across decentralized finance DeFi.

Why Remittix Is Gaining Attention As ETH Struggles

While Ethereum news remains focused on selling pressure, Remittix is moving in the opposite direction by showing clear momentum and execution. The project has already sold over 708 million tokens at $0.123 each, placing it above 97% of total supply sold. This level of demand stands out during a crypto bear market phase when many projects are slowing down. Remittix is attracting a wave of investors eager to participate in the future of payments with its unique 300% bonus offer and practical utility in the crypto space.

A major driver of interest is product delivery. The wallet is already accessible on the Apple App Store, where one can store, send, and manage assets securely. Google Play will be launched in the near future, which will widen the coverage with the increase in crypto adoption across the world. This ecosystem is not theoretical, and unlike many other early-stage digital assets, it is already in operation.

Trust has been a significant factor as well. The group has gone through the entire KYC certification process with CertiK and has the top Pre-Launch rating on CertiK Skynet with a Grade A of 80.09. Over 24,000 community ratings demonstrate increased confidence at a time when there is increased concern about crypto regulation, and market sentiment is changing.

The fact that the PayFi platform will be launched on February 9, 2026, is another dimension of practical value. This release will enable crypto-to-fiat payments, bridging Web3 with everyday finance and business use cases. As investors search for the next XRP-style payments narrative, urgency continues to build.

Key developments driving momentum include:

  • Over $29.1 million raised with limited tokens remaining before sellout
  • Wallet is live on the Apple App Store, with Google Play release in progress
  • PayFi crypto to fiat platform scheduled for February 9, 2026
  • First two CEX listings confirmed, with two more already secured
  • Private 300% email-only bonus accelerating investor demand

Why Ethereum Uncertainty Is Driving Capital Rotation

Ethereum news today is indicative of a market in crossroads. Ongoing selling of influential wallets has rocked confidence, despite the underlying network basics in the long-term. As ETH continues to fall back to lost levels and institutions de-exposing, lots of crypto investors are opting to rotate capital instead of waiting through deeper drawdowns.

Projects with actual execution, good tokenomics, and utility are distinguished in this environment. As Ethereum works through its current correction, the contrast between price pressure and progress elsewhere is becoming harder to ignore. This dynamic explains why capital is shifting toward alternatives that combine momentum with real-world impact as the next phase of the crypto market takes shape.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

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