According to the information shared by online data analyst Yujin, Ethereum founder Vitalik Buterin sold a total of 13 meme coins today, exchanging them for a total of 346,000 USDC. Due to their small market value and shallow liquidity, some tokens experienced significant declines, with DINU falling by 68% and JSHIBA falling by 38%. Subsequently, Vitalik donated all the USDC to Kanro, a charity organization focused on biotechnology.
Vitalik’s wallet address frequently receives airdrops from meme coin issuers, and he regularly liquidates these meme coins and uses the funds for charitable purposes. The most famous example of this is in 2021 when Vitalik donated the 50 trillion SHIB he received to the address of Sandeep Nailwal, the founder of Polygon, for the “India Covid Relief Fund.” At the time, these tokens were worth about 1.2 billion US dollars.