Vitalik: I never imagined—couldn’t have imagined—that the SHIB donation would be worth hundreds of millions of dollars. Ethereum co-founder Vitalik said the SHIB team transferred half of the total token supply to his public wallet. He sold a portion of the tokens for approximately $70 million in ETH, but due to insufficient market liquidity, he still held a large remaining amount, which he later donated to Indian COVID-19 relief organizations and the Future of Life Institute (FLI). He originally expected the recipients to be able to cash out only around $200 million, but the value ended up reaching hundreds of millions—far exceeding his expectations. He said that had he anticipated this outcome, he would have made a very different decision.
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