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Vitalik Buterin Sells Meme Tokens, Mints 315K DAI – Crypto Market Reacts

Published by
Nidhi Kolhapur

Ethereum co-founder Vitalik Buterin has recently made notable transactions in the crypto market, according to data from OnchainLens. He minted 315,382 DAI, a widely used stablecoin, and sold several meme tokens, earning 71.69 ETH, which was worth around $136,684 at the time.

But it’s not just the numbers that have caught people’s attention.

His latest moves raise questions about his approach to crypto holdings and what they might signal for the broader market. Let’s take a closer look at what he’s been up to.

Meme Token Sell-Off: What Did Buterin Offload?

Buterin sold a variety of tokens, including:

  • 146.18 billion FML for 2.51 ETH
  • 180.88 billion SHIB (Shiba Inu) for 0.987 ETH
  • 7.17 billion VB for 1.57 ETH
  • 366.47 million AWESOME for 1.44 ETH

Earlier, he had also sold 5,000 DHN for 65.19 ETH, valued at $124,000. This triggered a sharp 57% drop in DHN’s price, falling from $38 to as low as $16. Despite this, Buterin still holds 5,000 DHN, now worth about $113,000.

These trades show that Buterin remains an active participant in the crypto ecosystem. While he is best known for co-founding Ethereum, he also engages with various tokens, including meme coins and speculative assets. His movements often attract attention due to his influence in the industry.

Upcoming Documentary: Vitalik – An Ethereum Story

A much-anticipated documentary, “Vitalik: An Ethereum Story,” is set to be released on April 15. It will be available on streaming platforms like Apple TV and Prime Video.

The film follows Buterin’s journey from a curious teenager fascinated by decentralization to one of the most influential figures in the crypto world. It explores his early years, his vision for transforming finance, smart contracts, and trust, and the creation of Ethereum, a blockchain that has reshaped the way decentralized applications are built.

Vitalik Buterin continues to shake up the crypto space, whether through groundbreaking innovation or unexpected token moves. Love it or hate it, his influence is impossible to ignore.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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