Vitalik Buterin’s 11,422 ETH Sales Challenge Ethereum’s Sub-$2,000 Bear Market Liquidity

Ethereum has traded under sustained selling pressure this year, repeatedly failing to regain the $2,000 level and slipping toward the $1,900 area as momentum weakens. According to Arkham, Vitalik Buterin has sold about 11,422 ETH worth roughly $23.33 million over the past month as part of a planned 16,384 ETH distribution, with around 4,962 ETH still potentially to be moved. While these transactions from a key Ethereum figure may weigh on sentiment in a fragile liquidity environment, the market could gradually absorb the remaining supply if demand holds steady.