Ethereum Founder Vitalik Buterin Dumped Two Altcoins Today
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar Index: Fed path and CPI focus – Deutsche Bank

VIPMidterm Elections Conclude, Anthropic Initiates IPO
1. Cross-asset performance diverged this week. Between the October 30 and November 6 closes, the S&P 500 fell 2.68%, the Nasdaq 100 dropped 4.91%, and BTC lost 1.88%. Gold and silver rose 4.51% and 5.79%, respectively, while the Hang Seng gained 5.10%. Sharp declines in crude oil and some Asian equity indexes showed how differently assets responded to growth, policy, and event risks. 2. Democrats won majorities in both chambers of Congress in the US midterm elections, and markets rallied before reversing. We focus on actual changes in fiscal negotiations, key committee arrangements, and local industrial policy, especially data-center approvals, energy costs, and the pace of capital expenditure. We do not map party outcomes directly to asset direction. 3. The pullback in technology stocks has put returns on AI investment under renewed scrutiny. Whether rapid growth can cover financing, construction, and ongoing compute costs is becoming a key valuation test. For related positions, monitor policy implementation, customer capital expenditure, and cash collection together, and do not read a one-day rebound as a sign that the pressure has passed. 4. Anthropic's IPO preparations are putting the growth quality, operating profitability, and funding needs of AI model companies under public-market scrutiny. Valuations discussed for the offering are not final pricing, and participating in related products also requires assessing fees, allocation methods, asset rights, and trading restrictions. Assets in focus: BTC, the Nasdaq 100, crude oil, and gold, along with key earnings from companies including CSCO, AMAT, and CEG

Asian Stocks Rebound, Nikkei Up 3.4%, but Can They Lead Wall Street?

Brent Crude Fell 12.5% But Former Biden Advisor Warns Iran War Could Return

