Vitalik Buterin just dumped these 2 cryptocurrencies
Ethereum (ETH) co-founder Vitalik Buterin has once again shook the cryptocurrency market, this time by offloading large amounts of meme coins he received for free in exchange for Ethereum and stablecoins. Blockchain data reviewed by Finbold from Etherscan shows that on September 28, Buterin’s wallet, vitalik.eth, sold 150 billion PUPPIES tokens for 28.58 ETH, worth approximately $114,700 at the time of the transaction. In a separate swap, he also unloaded 1 billion units of an ERC20 memecoin for 13,889 USDC, securing just over $13,800. Vitalik Buterin’s recent transactions. Source: Etherscan Details of Buterin’s transactions The transactions, which took place within hours of each other, highlight a familiar pattern. Buterin has historically distanced himself from unsolicited memecoin allocations, often referred to as “airdrops,” by liquidating them quickly. His sales are typically interpreted less as a market call on the tokens themselves and more as...