A leading blockchain tracking firm says Ethereum (ETH) creator Vitalik Buterin is selling all his free meme coins that he was gifted.

With all of the moves occurring in the last few days, the meme token prices have reacted wildly differently to the large transaction. MOPS is trading for $0.000001 at time of writing, up 2,493% in the last 24 hours.

The Ethereum co-creator has a history of getting rid of the massive amounts of tokens often gifted to his address by smaller projects.

Two years ago, Buterin burned 90% of his Shiba Inu (SHIB) and pledged to give the remaining 10% to a charity.

The 410 trillion Shiba Inu tokens that Buterin burnt amount to about 41% of SHIB’s total supply. Upon news of the burning, SHIB spiked over 40% from $0.0000129 to $0.0000184. Buterin had been gifted half of the entire SHIB supply by Shiba Inu’s creators.

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