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Ethereum co-founder Vitalik Buterin has been actively moving funds on-chain by minting 315,382 DAI and selling multiple meme tokens, according to blockchain tracking platform OnchainLens.
Vitalik Buterin Mints 315,382 DAI, Sells Meme Tokens for Over 71 ETH
Meme Token Sales Total 71.69 ETH
Buterin converted several meme tokens into 71.69 ETH (worth around $136,684) and sold them off. The transactions included:
- 146.18 billion FML → 2.51 ETH
- 180.88 billion SHIB → 0.987 ETH
- 7.17 billion VB → 1.57 ETH
- 366.47 million AWESOME → 1.44 ETH
Buterin had also previously signaled that he was continuing to divest from low-capitalization assets by selling 5,000 DHN for 65.19 ETH.
The reasons behind his recent actions remain unclear, but Buterin has also donated or sold off large token airdrops he has received in the past.
These moves have sparked speculation within the crypto community about potential shifts in either Buterin’s holdings or broader market sentiment.
*This is not investment advice.
