Ethereum co-founder Vitalik Buterin is selling various meme coins he received for free.
According to on-chain analysis by Lookonchain, Buterin’s recent transactions netted him 908.77 Ethereum (ETH). This is equivalent to approximately $2.24 million at the current price of Ethereum (ETH).
Buterin’s largest sale
The blockchain data reveals that Buterin sold tokens from several meme coin projects, digital assets launched explicitly as a joke.
The largest sales came from 10 billion MOODENG tokens. The single sale brought in 395.96ETH ($976,000).
In addition, he sold 200k MSTR for 93.23 ETH ($231,000), 500 million EBULL for 73.79 ETH ($182,000), and 15 million Popcat (POPCAT), which made him 27.11 ETH ($67,000).
Other notable sales included:
- 20 billion MILO for 20.75 ETH ($51,000)
- 11.06 trillion FWOG for 14 ETH ($35,000)
- 500k TCATI for 12.81 ETH ($32,000)
- 20.35 trillion FWOG for 8.53 ETH ($21,000)
- 202 million VITALIK for 5.49 ETH ($14,000)
- 14 billion ITO tokens for 36.55 ETH ($90,000)
- 1.05 million ETH6900 tokens for 15.37 ETH ($38,000)
- 50.53 billion SATO tokens for 11.34 ETH ($28,000)
Buterin appreciates meme coins
This sell-off comes in the wake of Buterin’s previous statements expressing appreciation for meme coins that donate portions of their supply directly to charity.
In a recent tweet, Buterin stated, “I appreciate all the meme coins that donate portions of their supply directly to charity. Anything that gets sent to me gets donated to charity too.”
Buterin’s tweet also revealed that a donation of 10 billion Moodeng tokens would be directed towards anti-airborne-disease technology.
However, he stressed his preference for projects to send donations directly to charities. Buterin also suggested that communities could even create decentralized autonomous organizations to engage in the decision-making process for charitable giving.
The Ethereum co-founder has long be
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Author: Vignesh Karunanidhi
