Monday, June 9, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Ethereum Founder Vitalik Buterin Sells Trillions Of Tokens

December 25, 2023
in Ethereum
Reading Time: 2 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on TwitterShare on E Mail


Ethereum founder, Vitalik Buterin has undertaken a large-scale transaction involving trillions of meme tokens, leaving the broader cryptocurrency house curious concerning the motives behind the founder’s resolution. 

Ethereum Founder Executes Huge Memecoin Gross sales

Ethereum inventor and founder, Vitalik Buterin has made new headlines as stories floor of his substantial memecoin gross sales. Based on blockchain safety firm, PeckShield Alerts, a Vitalik labeled pockets deal with was seen swapping 100,000,000,000,111.111 DOBE tokens price roughly $22,900 for 10.44 Ethereum tokens (ETH). Moreover, the pockets additionally initiated one other sale of 1,858,140,000,000 DOJO tokens price $6800 for 3.12 ETH.

The motivation behind the sell-offs stays unknown nonetheless the large-scale memecoin transaction has adequately caught the eye of cryptocurrency buyers and the market as a complete. 

The substantial meme coin sale follows a current loss skilled by Buterin earlier this week. The Ethereum founder’s publicly identified crypto wallets turned in need of $29 million between December 15 and 21. 

The loss was reported by blockchain analytics service, Arkham Intelligence. Based on the analytics platform, the rationale for the loss was resulting from crypto market fluctuations which noticed Buterin’s wallets dropping 5% of the whole worth of its belongings. 

ETH worth chart at $2,300 | Supply: ETHUSD on Tradingview.com

Buterin Crypto Promote-Offs

Along with Buterin’s current large-scale meme coin sell-off, there have been many different crypto gross sales executed by the ETH founder. Earlier this 12 months, Buterin bought about 9.9 billion CULT tokens price $332,420 on the time of the gross sales. The Ethereum founder subsequently revealed causes for the sell-off, stating that the cryptocurrency held no cultural or ethical worth.

Later in October, rumors surfaced about Buterin allegedly promoting off his ETH holdings after the Ethereum founder bought about 500,000 USDC price roughly $14.93 million on the time, to the Gemini change. Buterin clarified the sell-off allegations stating that the transactions had been made to charitable organizations and different initiatives.

Extra instances than not, large-scale crypto transactions from distinguished leaders within the crypto house are inclined to seize the eye of buyers as these gross sales might result in a shift out there. Nonetheless, Buterin has additionally revealed that he has by no means bought Ethereum tokens (ETH) for his achieve since 2018. 

The Ethereum founder is understood for making a number of ETH donations to charity organizations and COVID-related causes. Buterin can be identified for buying and always dumping meme cash, inflicting the worth of those tokens to plummet in a number of instances.

Featured picture from Newsway, chart from Tradingview.com



Source link

Tags: ButerinEthereumFounderSellstokensTrillionsVitalik
Previous Post

7 Real World Asset Trends in 2024 That Will Unlock the Future of Finance

Next Post

Crypto Analyst Predicts Massive 99% BNB Price Crash To $2

Related Posts

Crypto ETF inflows climb to $11 billion in 7 weeks with Ethereum leading amid US policy uncertainty
Ethereum

Crypto ETF inflows climb to $11 billion in 7 weeks with Ethereum leading amid US policy uncertainty

June 9, 2025
US Ethereum ETFs Record 4 Consecutive Weeks Of Positive Inflows — Details
Ethereum

US Ethereum ETFs Record 4 Consecutive Weeks Of Positive Inflows — Details

June 9, 2025
Ethereum Enters Strategic Pause: Will Accumulation Below Resistance Spark A Surge?
Ethereum

Ethereum Enters Strategic Pause: Will Accumulation Below Resistance Spark A Surge?

June 8, 2025
Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
Ethereum

Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

June 8, 2025
Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
Ethereum

Trump–Musk feud becomes memecoin meta, leads to surge in trading volume

June 7, 2025
Ethereum’s Impending Breakout From Key Chart Pattern Teases A Major Rally To $12,000
Ethereum

Ethereum’s Impending Breakout From Key Chart Pattern Teases A Major Rally To $12,000

June 6, 2025
Next Post
Crypto Analyst Predicts Massive 99% BNB Price Crash To $2

Crypto Analyst Predicts Massive 99% BNB Price Crash To $2

Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings

Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings

Yuletide NFT Roundup 🎄 – by William M. Peaster

Yuletide NFT Roundup 🎄 - by William M. Peaster

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In