Ethereum price remained above $2,000 as the crypto market experienced a period of consolidation. Over the past week, ETH saw a 13% decline, triggering a bearish crossover that signals potential further losses. Meanwhile, as Vitalik Buterin sells ETH, Wall Street continues to acquire the cryptocurrency. Furthermore, Ethereum Spot ETFs are also recovering.
Vitalik’s ETH Sell-Off vs. Wall Street’s Buying Spree; What’s Next For Ethereum?
In early February 2026, Vitalik Buterin sold 6,183 ETH, worth approximately $13.24 million USD. The sale was conducted through the CoW Protocol in small batches so that it would not cause significant shocks in the market. The average price was 2,140 ETH.
This move, however, does not reflect any panic or market withdrawal. Buterin already announced on January 30, 2026, that he will liquidate 16,384 ETH, which was worth approximately 43-45 million, of his own money out of his wallet.
The money will be used to fund open-source initiatives in the security and privacy technology, AI safety, and biotechnology.
The interest of Wall Street in Ethereum is high even after its recent sale by Buterin. The BitMine company, owned by Tom Lee, has successfully acquired ETH despite massive losses during the overall collapse of the crypto market.
BitMine, as per recent data, now holds an additional 84 million worth of Ethereum in its stash, and its total stash has reached 4,325,738 ETH, value at $9.14 billion. Lee remains confident in Ethereum’s long-term prospects, emphasizing its growing utility and its resilience amid ongoing market challenges.
Ethereum Spot ETFs See Rebound with $57 Million in Net Inflows
On 9 th February, U.S. Ethereum spot ETFs experienced a reversal of a negative net inflow of 57.05 million, ending a three-day streak of negative net outflows.
The inflow was essentially fuelled by Fidelity Ethereum Fund (FETH) and Grayscale Ethereum Mini Trust (ETH), which took in $67.32 million and 44.62 million, respectively, which were significant growth contributors.
Can Ethereum Price Hold Support at $2,000 Amid Weakening Momentum?
As of the reporting, the ETH price stands at $2,004, reflecting a slight decline of 0.14%. The Relative Strength Index (RSI) stands at 41, which means that Ethereum is neutral.
Also, the Chaikin Money Flow (CMF) indicator is 0.03, indicating a neutral accumulation of capital.
With regard to future price levels, failing to retain the $1,900 support can potentially test downwards, to as low as $1,750.
On the upside, a reclaim of $2,250 could open the door for a future Ethereum outlook to retest the $2,500 resistance level.
Source: ETH/USDT 4-hour chart: TradingviewTo sum up, the sale of ETH by Vitalik Buterin is not an indication of panic, and its purchase by Wall Street indicates strong institutional backing. There is a rebound in Ethereum Spot ETFs, which indicates increased investor confidence. Nonetheless, the Ethereum price is under a risk of volatility that has major support levels to observe.
Source: https://coingape.com/markets/ethereum-price-outlook-as-vitalik-dumps-eth-while-wall-street-accumulates/
