Ethereum Founder Sells Billions in Meme Coins for $128,369

Vitalik Buterin Sells Billions in Meme Coins

  • Ethereum founder Vitalik Buterin sold 150 billion PUPPIES for 28.58 ETH and 1 billion ERC20 for $13,889 USDC.
  • Buterin received these tokens for free as meme coin teams often send coins to him.
  • In 2021, he burned 450 trillion SHIB tokens and donated 50 trillion to COVID-19 relief.
  • He typically sells received meme coins and donates proceeds to charity, suggesting coins be sent directly to charities instead.
  • Transfers to Buterin are often seen as a visibility tactic for meme coins.

Vitalik's Public Wallet Insights

  • Buterin holds 30 billion Moodeng coins valued at $518,000 in his public wallet.
  • His largest holding is 240,000 ETH, valued over $1 billion.
  • ETH broke above $4,000 recently, briefly restoring Buterin's billionaire status.
  • Current Ethereum price is approximately $4,200, up over 2% in the last day.

Ethereum