According to information shared by on-chain data analyst Ember, Ethereum founder Vitalik Buterin has sold a total of 13 types of meme coins today, accumulating 346,000 USDC, and some tokens have experienced significant declines due to small market capitalization and poor pool depth, such as DINU dropping 68% and JSHIBA dropping 38%. Subsequently, Vitalik donated all the USDC to his charity Kanro, which focuses on biotechnology.
Vitalik is once again regularly selling Meme coins that have been donated to his wallet~: he has sold a total of 13 types of Meme coins for 346,000 USDC in the past 5 hours, and then donated the USDC to the Kanro address (Vitalik's charity). Some tokens have experienced significant declines due to small market capitalization and poor pool depth, such as $DINU dropping 68% and $JSHIBA dropping 38%. Specific sales: 500 trillion $DINU → 13,208… pic.twitter.com/Q83zeEJHVx
— Ember (@EmberCN) January 6, 2025
Vitalik's wallet address frequently receives airdrops from meme coin issuers, and Vitalik regularly liquidates these meme coins, using the funds for charitable purposes. One of the most famous examples is in 2021, when Vitalik donated 50 trillion SHIB he received to the "India COVID Relief Fund" address of Polygon founder Sandeep Nailwal, which at the time was worth approximately 1.2 billion dollars.
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