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Ethereum (ETH) Founder Vitalik Buterin Sold Two Altcoins! Prices Reacted Reversely!

source-logo  en.bitcoinsistemi.com 06 January 2025 11:11, UTC
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Ethereum ($ETH) co-founder Vitalik Buterin frequently makes headlines with his altcoin transactions.

At this point, Buterin finally influenced the prices with his sales transactions. Accordingly, Buterin first sold the memecoin called LEDOG ($DOG) for 5,204 $ETH (worth about $18,900).

Buterin still has 8T $DOG worth approximately $483,000.

The memecoin named $DOG was sent to Vitalik Buterin by the team.

Buterin also sold a second memecoin called Estee (ESTEE). According to Arkham data, Buterin sold 50.54 billion ESTEE for 116,306 USDC.

After these sales transactions, the memeoins in question did not experience a decrease in price. On the contrary, after Buterin's transactions, the prices of ESTEE and $DOG increased. According to the data, the price of ESTEE increased by over 200 percent, while $DOG increased by over 50 percent.

Vitalik had previously sold memecoins like $DOG that were sent to him as gifts and used them for charity.

*This is not investment advice.

en.bitcoinsistemi.com