The giant whale suddenly dumped the market! The founder of Ethereum sold "a large number of meme coins" and cashed out $2.23 million and decided to...

FX168 Financial News Agency (Asia Pacific) reported that Ethereum founder Vitalik Buterin (V God) sold a large number of meme coins over the weekend, converting them into 907.97 ether coins, with a cash price of about $2.23 million. He previously stated that all tokens sent to him without permission would be sold and donated to charity, and the market speculated that this would be the case this time.

Since Shiba Inu Coin (SHIB) sent tokens to Vitalik and triggered a wave of rising prices, it seems that the project party has sent meme coins to Vitalik.

Vitalik sold 100 meme coins MOODENG earlier in October, making a profit of 308.69 ether coins, equivalent to about $762,000. He then decided to donate 260.16 ether coins, equivalent to about $642,000, to the charity Kanro.

According to the monitoring data of the chain tracking agency Onchain Lens, Vitalik's whale wallet address 0xd8dA6BF26964aF9D7eEd9e03E53415D37aA96045 sold a variety of meme coins on Saturday (October 12) in exchange for 251.7 Ethereum coins, including:

1. Sold 1 million ETH6900 in exchange for 15 Ethereum coins, about $37,700;

2. Sold 14 million POPCAT in exchange for 74.9 Ethereum coins, about $184,200;

3. Sold 330,000 MSTR in exchange for 114 Ethereum coins, about $280,000;

4. Sold 14 billion ITO in exchange for 36.5 Ethereum coins, about $280,000;

5. 54 billion SATOs were sold in exchange for 11.3 ETH, equivalent to approximately US$27,800.

Subsequently, Vitalik continued to sell off, and on Sunday he cashed out 8 meme coins again, exchanging them for 651.57 ethers, equivalent to about $1.6 million, including:

1. Sold 200,000 MSTER tokens for 93.2 ethers, equivalent to about $228,831;

2. Sold 20 billion MILO tokens for 20.74 ethers, equivalent to about $51,184;

3. Sold 15 million POPCAT tokens for 27.1 ethers, equivalent to about $67,181;

4. Sold 500,100 TCATI tokens for 12.8 ethers, equivalent to about $31,430;

5. Sold 311,908,405 VITALIK tokens for 5.5 ethers, equivalent to about $18,824;

6. Sell ​​10 billion MOODENG tokens for 395.94 ether, equivalent to $820,450;

7. Sell 31.40 trillion FWOG tokens for 22.52 ether, equivalent to $55,858;

8. Sell 500 million EBULL tokens for 73.77 ether, equivalent to $182,958.

Onchain Lens pointed out that this means that Vitalik Buterin sold a total of 907.97 Ether coins in 11 hours, worth about 2.23 million US dollars. The market expects Vitalik to donate the proceeds from the sale to charity, as he has done before.