Ethereum's co-founder, Vitalik Buterin, has been making waves with his recent on-chain activities. From selling off quirky meme tokens to handling substantial unlocks from layer-2 projects, his moves offer a glimpse into how top figures in crypto manage their portfolios. Let's break it down step by step, keeping things straightforward for anyone dipping their toes into blockchain news.
First off, Vitalik recently offloaded a bunch of meme tokens—those fun, often volatile coins inspired by internet culture. According to on-chain data tracker Onchain Lens, he sold 40.25 billion SPURDO, 10.31 billion MARVIN, and 6 trillion DOJO, netting him about 22.14 ETH, which was worth around $96,000 at the time. Meme tokens like these can skyrocket or crash based on hype, so cashing out isn't unusual for someone like Vitalik, who often donates proceeds to causes he supports.
He didn't stop there. Vitalik transferred 70 ETH (about $304,000) to a new wallet connected to the Methuselah Foundation, a nonprofit focused on extending healthy human lifespans through biotech advancements. This wallet then funneled the funds using Railgun, a privacy protocol on Ethereum that mixes transactions to keep things anonymous. Privacy tools like Railgun are handy for shielding large moves from prying eyes in the transparent world of blockchain.
Shifting gears to another highlight: Just yesterday, Vitalik received 6.29 million STRK tokens—valued at roughly $988,000—from Starknet's time-locked unlock. Starknet is a popular layer-2 network built on Ethereum, using zero-knowledge proofs to make transactions faster and cheaper while maintaining security. The STRK token is used for governance and staking in the ecosystem, and these unlocks are part of a vesting schedule where tokens are released over time to team members, investors, or contributors like Vitalik.
Today, he forwarded all those STRK tokens to the Methuselah Foundation. And it looks like the foundation isn't holding onto them; they've already started selling. So far, they've offloaded about 607,320 STRK for 24.15 ETH, pocketing around $104,600. The wallet address in question is 0xf369af914dbed0ad7afdddebc631ee0fda1b4891, if you're into verifying on-chain data yourself.
Why does this matter for meme token enthusiasts? Well, Vitalik's involvement with memes isn't new—he's been gifted or acquired various ones over the years, often turning them into donations for charity. His sales can sometimes signal market sentiment or just personal portfolio cleanup. Plus, seeing how he handles "serious" tokens like STRK alongside memes highlights the diverse crypto landscape. If you're trading memes, keep an eye on big players like him; their actions can ripple through the market.
For more details, check out the original post from Onchain Lens on X or dive into the transactions via Nansen. Staying updated on these moves can help you navigate the wild world of blockchain and meme coins smarter.
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