Vitalik Buterin Dumps Free Meme Coins Again, Cashes $96K on Uniswap
Ethereum co-founder Vitalik Buterin has as soon as once more drawn consideration to his on-chain exercise after promoting a number of meme cash he acquired without cost, changing them into 22.14 ETH, roughly $96,000, on decentralized alternate Uniswap.
According to blockchain information, the transactions happened on October 10, 2025. Buterin’s pockets offered 40.25 billion SPURDO, 10.31 billion MARVIN, and 6 trillion DOJO tokens via Uniswap’s Universal Router.
The swaps had been executed inside minutes, changing the tokens immediately into ETH.
Shortly after finishing the trades, Buterin moved 70 ETH, value round $304,000, to a brand new pockets linked to the Methuselah Foundation.
The basis later transferred the funds via Railgun, a privacy-focused protocol identified for shielding transaction particulars.
The meme cash offered had been community-distributed tokens that Buterin had not actively acquired. This stands on his long-standing coverage of promoting or donating unsolicited tokens despatched to his “vitalik.eth” pockets, which builders usually use for publicity and legitimacy.
Buterin Offloads Airdropped Meme Coins, Citing Ongoing Opposition to Speculative Hype
The Ethereum co-founder, nonetheless, has repeatedly criticized the apply, describing unsolicited airdrops as disruptive and pointless.
In earlier situations, he has said that any tokens despatched to him with out consent would either be sold or donated to charitable causes.
This newest transfer echoes comparable exercise seen in 2021 and 2023, when Buterin offered or donated varied meme tokens, together with SHIBA INU and AKITA, that had been airdropped to him.
Those actions on the time led to important value volatility within the affected tokens, as merchants reacted swiftly to his transactions.
SPURDO and MARVIN are amongst a number of meme-driven initiatives impressed by web tradition.
MARVIN, themed round Elon Musk’s canine, focuses on group constructing and charitable causes resembling animal rescue.
SPURDO, on the opposite hand, relies on a Finnish web meme character. Both tokens noticed a quick spike in consideration following their creation, however buying and selling exercise has largely depended on social media tendencies and market sentiment.
Market watchers say that Buterin’s latest sale could exert short-term stress on these meme cash, although it’s unlikely to have an enduring influence past group reactions.
His constant method to dealing with unsolicited tokens additionally reinforces his long-standing stance in opposition to speculative hype that leverages his identify or Ethereum’s fame.
Notably, Buterin’s broader aim is to redirect meme coin power towards positive-sum social influence. In October 2024, he donated 10 billion tokens to an organization developing anti-airborne-disease technology, and in August 2024, he contributed animal-themed tokens to the Effective Altruism Funds’ Animal Welfare Fund.
@VitalikButerin has liquidated practically $1 million value of meme cash, utilizing the proceeds to help his Kanro charity.#VitalikButerin #CryptoPhilanthropyhttps://t.co/dhWHWHvzES
— Cryptonews.com (@cryptonews) January 6, 2025
Earlier in January 2025, Buterin liquidated $2.5M in meme coins and transferred $984,000 in USDC to his Kanro biotech fund, which helps biotechnology and public well being analysis.
The Ethereum co-founder’s on-chain exercise has been a frequent topic of research. In 2024, his wallet sold a total of 950 ETH, value about $2.28 million, in a number of batches, a sample that observers stated was seemingly structured to attenuate value influence.
While Buterin has not publicly commented on the newest meme coin gross sales, his actions proceed to point out the transparency of blockchain transactions and the challenges that include being a high-profile determine within the crypto ecosystem.
Vitalik Buterin Tests New Privacy Tool as Ethereum Struggles Below Key Resistance
Ethereum cofounder Vitalik Buterin recently tested Hinkal’s new “Invisible Wallet,” a privacy-focused instrument designed to hide on-chain exercise.
Analysts say Hinkal’s privateness pockets may be a breakthrough for private safety on-chain, however warn it’s no silver bullet in opposition to decided attackers.#Privacy #Blockchain #Cryptohttps://t.co/2SfDIpKz9F
— Cryptonews.com (@cryptonews) September 15, 2025
The check comes amid an increase in crypto-related hacks, which totaled $163 million in August alone, in response to PeckShield. Over the previous 5 years, traders have misplaced greater than $4 billion in focused assaults.
Hinkal’s pockets goals to guard giant holders by masking transactions with out breaching compliance guidelines. CEO Giorgi Koreli known as blockchain transparency a “bug,” arguing that whole visibility of property, over $4 trillion globally, exposes customers to threat.
“Privacy-preserving wallets are the long run,” Koreli stated, noting that surveillance-driven programs undermine person freedom.
Blockchain data exhibits Buterin despatched 0.01 ETH (about $44) utilizing Hinkal’s instrument in late August. While the transaction was recorded, additional inside particulars had been hidden, demonstrating the pockets’s anonymizing perform.
Meanwhile, Ethereum’s market efficiency has softened. ETH fell practically 2% in 24 hours to round $4,357 and three% over the week, at the same time as buying and selling quantity climbed 15%, CoinMarketCap data shows.
Analysts, together with Ali Martinez, have identified the $4,000–$4,800 vary as a “hazard zone,” the place a number of rallies have traditionally met heavy promote stress.
Technically, ETH stays in a long-term uptrend however faces weakening short-term momentum. Analysts warn that dropping the $4,000 help might set off a deeper correction towards $3,400, although the general bullish construction stays intact for now.
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