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News

Vitalik Buterin Sells Meme Tokens, Mints 315K DAI – Crypto Market Reacts

Nidhi Kolhapur18 Mar 20253 min read

Ethereum co-founder has recently made notable transactions in the crypto market, according to data from OnchainLens. He minted 315,382 DAI, a widely used stablecoin, and sold several meme tokens, earning 71.69 ETH, which was worth around $136,684 at the time. But it’s not just the numbers that have caught people’s attention. His latest moves raise …

Ethereum co-founder Vitalik Buterin Vitalik Buterin at Ethereum Vitalik Buterin is a well-known tech geek, influencer, and computer programmer. To promote the blockchain, he started Bitcoin Magazine and provided blockchain information for cryptocurrency investors. In 2015, he co-founded Ethereum, a blockchain platform that contributed to decentralized finance. Quick Facts Full name Vitaly Dmitrievich Buterin Birth 31-01-1994, Kolomna, Russia Education University of Waterloo Wife/Partner To be updated / Not Married Famous for Ethereum, ETH, Blockchain advocate/promoter Net Worth $1B (refer for real-time) Buterin recognized the need for decentralized finance and used smart contracts to publish the Ethereum whitepaper. His contributions paved the way for Ethereum's transition to Proof-of-Stake, which proved to be scalable and effective. Furthermore, he introduced Ether (ETH), the blockchain platform's native coin. A Timeline of Vitalik’s Career Co-founded Bitcoin Magazine (2011) – Established one of the first crypto publications, writing extensively on Bitcoin and blockchain. Authored Ethereum Whitepaper (2013) – Proposed a blockchain with smart contract functionality for decentralized applications (d Apps). Co-founded Ethereum (2015) – Launched Ethereum after a successful $18M ICO, revolutionizing the blockchain ecosystem. Developed Ethereum Virtual Machine (2015–2016) – Created the EVM, enabling developers to build and deploy smart contracts. Worked on Ethereum Scalability (2017–2021) – Contributed to Layer 2 solutions like Rollups, Plasma, and Sharding. Led Ethereum’s Transition to Proof-of-Stake (2018–2022) – Helped develop and implement Ethereum 2.0, merging the Beacon Chain in 2022. Blockchain Research & Cryptography (2016–Present) – Focused on zk-SNARKs, privacy tech, and decentralized governance models. Philanthropy & Crypto Advocacy (2017–Present) – Donated millions in crypto for pandemic relief, AI research, and financial inclusion. [email protected] EntrepreneurCrypto and Blockchain Expert has recently made notable transactions in the crypto market, according to data from OnchainLens. He minted 315,382 DAI, a widely used stablecoin, and sold several meme tokens, earning 71.69 ETH, which was worth around $136,684 at the time.

But it’s not just the numbers that have caught people’s attention.

His latest moves raise questions about his approach to crypto holdings and what they might signal for the broader market. Let’s take a closer look at what he’s been up to.

Meme Token Sell-Off: What Did Buterin Offload?

Buterin sold a variety of tokens, including:

  • 146.18 billion FML for 2.51 ETH
  • 180.88 billion SHIB (Shiba Inu) for 0.987 ETH
  • 7.17 billion VB for 1.57 ETH
  • 366.47 million AWESOME for 1.44 ETH

Earlier, he had also sold 5,000 DHN for 65.19 ETH, valued at $124,000. This triggered a sharp 57% drop in DHN’s price, falling from $38 to as low as $16. Despite this, Buterin still holds 5,000 DHN, now worth about $113,000.

These trades show that Buterin remains an active participant in the crypto ecosystem. While he is best known for co-founding Ethereum, he also engages with various tokens, including meme coins and speculative assets. His movements often attract attention due to his influence in the industry.

Upcoming Documentary: Vitalik – An Ethereum Story

A much-anticipated documentary, “Vitalik: An Ethereum Story,” is set to be released on April 15. It will be available on streaming platforms like Apple TV and Prime Video.

The film follows Buterin’s journey from a curious teenager fascinated by decentralization to one of the most influential figures in the crypto world. It explores his early years, his vision for transforming finance, smart contracts, and trust, and the creation of Ethereum, a blockchain that has reshaped the way decentralized applications are built.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Vitalik Buterin continues to shake up the crypto space, whether through groundbreaking innovation or unexpected token moves. Love it or hate it, his influence is impossible to ignore.

#Ethereum
Nidhi Kolhapur
Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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