Ethereum co-founder Vitalik Buterin has been trending again after selling off a batch of tokens from his wallet — recently converting some into about 9.4 ETH (~$29,000) in a move tracked on-chain. �
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This isn’t the first time Vitalik has exited token positions. In the past, he liquidated large amounts of meme coins like ESTEE and others, earning significant USDC before donating proceeds to charity like Kanro or other causes. �
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His wallet movements often cause price swings in low-cap tokens — sometimes sharp drops, and other times unexpected rebounds — because traders watch every Vitalik transaction closely. �
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Some see this as just conversion of unsolicited airdropped coins, while others wonder if it signals shift of sentiment toward ETH utility over speculative meme coins. �
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💡 Takeaway: Vitalik selling meme tokens drives big reactions in crypto markets — a hot topic for traders and meme-coin communities.