Vitalik Buterin Reveals FLI's SHIB Donation Realized $500M

KuCoinFlash

Release Time: 03/13/2026 03:35:41

SHIB

$0.00000582-2.72%

Summary

Vitalik Buterin revealed on X that the SHIB donation to FLI generated $500 million, far surpassing his initial estimate of $10–25 million. In 2021, he allocated his SHIB and other tokens between CryptoRelief and FLI at the price peak. FLI, a nonprofit focused on existential risks such as AI and climate change, used the funds to support long-term safety initiatives. Traders analyzing the move note the high risk-to-reward ratio associated with such large token donations. The event also underscores key support and resistance levels in SHIB’s historical price action.

Odaily Planet Daily reports that Vitalik Buterin posted on X that in 2021, he received a large amount of tokens such as SHIB, and donated half of them during the price peak to CryptoRelief and the other half to FLI. He originally expected FLI to cash out between $10 million and $25 million, but FLI ultimately cashed out approximately $500 million.

Note: FLI stands for the Future of Life Institute, a nonprofit organization focused on reducing existential risks such as artificial intelligence, biotechnology, nuclear war, and climate change.

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