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Vitalik Buterin sells tokens for $29,000 in Ethereum
Billions of dollars’ worth of unsolicited meme coins have been sent to Buterin’s wallet.
Ethereum’s co-founder offloaded from his wallet today, receiving 9.4 ETH worth around $29,400, according to data tracked by Lookonchain.
Over the years, Buterin has received billions worth of unsolicited meme coins, frequently from projects chasing exposure, and has periodically sold them or donated many of them to charity.
At times, he has converted groups of tokens into ETH.
The second-largest crypto asset is hovering around $3,100 at press time, up over 5% so far this year, per TradingView.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.