According to Onchain data, Ethereum founder Vitalik Buterin sold memecoins that were previously given away for free by cryptocurrency developers.
These memecoins were sent to Buterin against his will by the developers for the purpose of promoting the token.
According to the data, Buterin sold ERC20 and PUPPIES memecoins, earning $13,889 and $114,700, respectively. He converted the proceeds from the ERC20 sale into USDC and received the proceeds from the PUPPIES sale in Ethereum.
While Vitalik Buterin occasionally makes headlines for his ETH sales, he previously garnered significant attention for his large Shiba Inu (SHIB) sale. At the time, Buterin donated a large amount of his Shib tokens to a hospital in India. The fate of these SHIB tokens remains unknown.
Currently, the largest memecoins in Buterin’s known cryptocurrency wallets include WHITE worth $2.47 million, MOODENG worth $511,000, and KNC worth $284,000.
*This is not investment advice.
