Vitalik Buterin Minted 315382 DAI Tokens and Sold Several Meme Coins for ETH

According to the latest report from a prominent data provider, Buterin minted 315382 DAI tokens and exchanged a variety of meme coins for ETH.

The latest on-chain data from a prominent crypto data provider has revealed some interesting transactions by Ethereum co-founder Vitalik Buterin. According to the latest report, Buterin minted 315,382 DAI tokens and exchanged a variety of meme coins for ETH.

"Vitalik (@VitalikButerin) just minted 315,382 $DAI.He also sold meme tokens for 71.69 (136,684) $ETH:146.18B $FML for 2.51 $ETH180.88B $SHIB for 0.987 $ETH7.17B $VB for 1.57 $ETH366.47M $AWESOME for 1.44 $ETH.And sold 5,000 $DHN for 65.19 $ETH."

How Much ETH Did Buterin Gain From Meme Coins?

The report indicates that the Ethereum co-founder netted 71.69 ETH, which comes to $136,684 at current prices, after selling off several meme coins from his portfolio. These transactions included the sale of 146.18 billion FML tokens for 2.51 ETH and the exchange of 180.88 billion SHIB for 0.987 ETH.

The on-chain data provider also reported that Buterin sold 7.17 billion VB tokens for 1.57 ETH and 366.47 million AWESOME for 1.44 ETH. His total earnings were further boosted by 65.19 ETH, which he received after selling 5,000 DHN tokens.

These recent activities have led crypto analysts to notice Buterin’s increased engagement in the broader crypto space beyond just the Ethereum ecosystem. It also highlights his active participation in the crypto market, particularly his selling of meme coins, most of which he received as unsolicited donations from their creators early on.

According to reports, Buterin’s DHN sale caused the meme coin’s value to drop by almost 50% before posting a comeback. DHN’s price crashed from $39 to $20 following the sale before making a sharp recovery to reclaim the losses. The meme coin traded for $42.5 at the time of writing, climbing above the price before Buterin’s selloff, according to data from TradingView.

Buterin is a key figure in the crypto industry, introducing the first DApps creation platform that revolutionized blockchain development. A highly anticipated documentary, Vitalik: An Ethereum Story, will be released on April 15, and crypto community members expect the film to provide an in-depth look into the life of the brain behind the Ethereum blockchain.