Vitalik Buterin Sells Billions of Meme Tokens Including MSTR, POPCAT, ITO, ETH6900, SATO and Milo to Receive 257.1 ETH Worth $636,000

According to Lookonchain, Ethereum creator Vitalik Buterin's address sold a large amount of meme coins again and received 257.1 ETH worth $636,000

A large amount of meme coins were sold from an address belonging to Ethereum creator Vitalik Buterin on Monday, with the total proceeds from the sales being 257.1 ETH, or roughly $636,000. The meme coins sold include MSTR, POPCAT, ITO, ETH6900, SATO and Milo.

According to Lookonchain, the address sold 330,000 MSTR for 114.1 ETH (around $282,000), 14 million POPCAT for 74.99 ETH ($186,000), 14 billion ITO for 36.55 ETH ($90,000), 1.05 million ETH6900 for 15.37 ETH ($38,000), 50.53 billion SATO for 11.34 ETH ($28,000) and 10 billion Milo for 4.77 ETH ($12,000).

The sales were highlighted by Wu Blockchain, which noted that the funds might be donated by Buterin later on, based on his past practice.

Earlier this month, it was reported that the Ethereum creator sold eight meme tokens for 651.4 ETH (around $1.61 million), including MSTR, Milo, POPCAT, TCATI, VITALIK, MOODENG, FWOG and EBULL.

In the past week, Buterin brought a meme coin to the spotlight by selling billions of the Ethereum-based tokens for a charitable cause. The Ethereum co-founder was gifted 62 billion MOODENG by the token’s deployer and went on to swap a large amount of the meme coin to fund "anti-airborne-disease tech."

Buterin's digital wallet has been showered with unsolicited digital assets for years, perhaps as a token of appreciation from developers or a form of pseudo-marketing.

In 2021, Buterin was unwillingly gifted half of Shiba Inu's total supply, of which he burned 410 trillion tokens (90% of the donation) and used the remaining 10% for a charitable cause.

The Ethereum creator is not a fan of token developers sending him unsolicited crypto; while he was happy to donate the funds to a good cause, he once said he would "appreciate it if coin holdings just get allocated to the charities directly."