How much ETH did Vitalik Buterin sell, and does it matter?

Reports indicate he sold 1,869 ETH over two days after a 3,500 ETH Aave withdrawal, worth about $7 million at the time. The size is small versus total supply, but it can weigh on sentiment. The main effect is psychological rather than a lasting supply shock.

Is the ethereum price oversold right now?

Several gauges suggest it is near oversold. RSI is 31.56, close to the 30 level many traders watch. Santiment’s MVRV also flagged oversold conditions. Still, ADX at 47.16 shows a strong trend, so oversold can persist. Confirmation is key before betting on a bounce.

What are the key ethereum price levels to watch today?

Support sits near $1,844.19. Resistance is $1,958.13, then $2,000, and the Bollinger middle band at $2,249.90. Above that, the 50‑day average at $2,683.73 is a pivotal trend gauge. A daily close over $2,250 would improve momentum, while losing $1,844 risks deeper downside.

Should US investors buy the dip in ETH now?

This depends on risk tolerance and time horizon. Traders may wait for a close back above $2,000 to reduce false starts. Investors could use staged buys, or wait for a move over the 50‑day average at $2,683.73. Keep position sizes modest and use clear stop‑loss rules.

Global Market Insights

ETHUSD Today, February 23: Vitalik Sells as ETH Hits 20-Day Low

ByDanny Kontos February 23, 2026February 23, 2026

The ethereum price slipped to a 20-day low near $1,844 today as founder sales met weak momentum. At the time of writing, ETHUSD trades at $1,918.79, down 1.51% on the day and 32.86% over one month. Vitalik Buterin sold 1,869 ETH over two days after a 3,500 ETH Aave withdrawal, adding pressure. On-chain data from Santiment signals oversold conditions. With RSI near 31 and ADX at 47, the downtrend remains firm. For US traders, elevated intraday swings and weekend liquidity gaps keep risk high.