Ethereum Founder Vitalik Buterin Sold a Large Amount of Mem Tokens! Prices Have Declined!

The statements and transactions of Vitalik Buterin, the founder of the largest altcoin Ethereum (ETH), are closely followed by investors and the market.

At this point, PeckShieldAlert said that an address tagged as belonging to Vitalik Buterin sold a large amount of mem tokens.

The address labeled Vitalik Buterin, who sells meme tokens named DOBE and DOJO, sold 100,000,000,000,111 DOBE tokens and received 10.44 ETH (worth 22.9 thousand dollars) in return.

Apart from the DOBE sale, the address also sold 1,858,140,000,000 DOJO tokens and bought 3.12 ETH worth approximately $6.8 thousand.

“Address tagged Ethereum co-founder Vitalik Buterin sold 100,000,000,000,111,111 DOBE and exchanged it for 10.44 ETH (valued at $22.9K).

The address also sold 1,858,140,000,000 DOJO and exchanged it for 3.12 ETH (worth $6.8K).”

While it was stated that these mem tokens came to Vitalik Buterin via airdrop, Buterin sold these mem tokens through the popular decentralized exchange (DEX) Uniswap (UNI).

After these sales of the ETH founder, there were major decreases in DOBE and DOJO prices.

#PeckShieldAlert Vb (#Vitalik)-labeled address swapped 100,000,000,000,111.111 $DOBE for 10.44 $ETH (worth ~$22.9K) and swapped 1,858,140,000,000 $DOJO for 3.12 $ETH (worth ~$6.8K) pic.twitter.com/7PAId1I8sy

— PeckShieldAlert (@PeckShieldAlert) December 21, 2023

*This is not investment advice.