Vitalik Buterin Sells Over $355,000 in Meme Tokens in 24 Hours

iconTechFlow
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Vitalik Buterin sold over $355,000 worth of meme coin news tokens in 24 hours, including 114,566 USDC and 155 ETH. The Ethereum co-founder reportedly cleared his wallet of free tokens. ETH news reports that the sale added significant short-term liquidity. The transaction history suggests a rapid exit from the volatile meme coin market. Buterin’s move has reignited interest in both ETH and meme tokens.

According to on-chain analytics platform Lookonchain (@lookonchain), vitalik.eth (@VitalikButerin) has been consistently selling freely received meme tokens, seemingly clearing out his wallet. Over the past 24 hours, he received a total of 114,566 USDC and 155 ETH from these sales, amounting to approximately $355,000.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.