Gate Research: Vitalik Sold 10,700 ETH This Month | IBM Plunges 11% as AI Disrupts Traditional Business Models

• Market Commentary: Bitcoin lacks strong upward momentum amid pressure from Trump’s proposed 15% global tariffs and subdued ETF flows. Ethereum continues to consolidate near its 20-day low around $1,844, with multiple momentum indicators still pointing to a weak structure. Recently, Vitalik Buterin sold an additional ~1,869 ETH; founder-related selling during periods of fragile sentiment often carries an amplified signaling effect, indirectly weighing on short-term confidence.
• Trending Tokens: PIPPIN rose 16.62%, primarily driven by speculative buying and community momentum. Steem gained 25.52%, reflecting a technical breakout. POWER advanced 12.05%, with the move largely fueled by leveraged trading; 24-hour spot volume surged 162%.
• Alpha Insights: Anthropic announced that its Claude Code platform can automate COBOL system modernization, during which IBM shares fell as much as 11% intraday. ZachXBT stated that a major investigation involving alleged insider trading will be released on Feb 26, drawing scrutiny toward prediction markets and Trump-affiliated projects. Vitalik sold 10,700 ETH this month at an average price of $2,027, attracting market attention.

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