Vitalik Buterin Sells Tokens Again from His Wallet

• Vitalik Buterin continues selling various tokens from his public wallet.
• Most tokens are smaller or meme-style assets sent to his address.

Vitalik Buterin’s public wallet has again recorded token sales activity in the past two days. According to Lookonchain, the vitalik.eth wallet was seen selling several assets, including KNC, STRAYDOG, and MUZZ tokens.

During this period, the wallet sold approximately 114,500 KNC worth tens of thousands of dollars. Meanwhile, there were also sales of 30.57 million STRAYDOG and over one billion MUZZ tokens, ultimately converted into about 32,560 USDC and 1.89 ETH. These figures may seem small for a figure of Vitalik Buterin’s stature, but they still attract close attention from the market. Furthermore, tokens like STRAYDOG and MUZZ generally have less liquidity than top-tier assets, so any major wallet action often triggers a rapid response on the charts.

The Ethereum mogul has been seen numerous times clearing his wallet of tokens received, whether from promotional funds, giveaways, or projects seeking to piggyback on his name. Buterin has previously emphasized that memecoins sent to his wallet without permission are not endorsed by him. He usually sells the tokens immediately, with the proceeds donated to charity. Because of this stance, his wallet often attracts the attention of traders who monitor the influx of speculative tokens deliberately sent out for attention.

Market-wise, such movements sometimes trigger brief volatility, especially in tokens with a limited liquidity base. However, the larger market usually quickly stabilizes as long as there are no other signals that reinforce concerns. Vitalik Buterin himself remains very active in discussing the future of Ethereum and its ecosystem. Therefore, this wallet activity should be understood as part of his routine, not a frightening alarm bell.

Interestingly, looking back, this figure has never been far from Ethereum’s development and vision. On December 8, we highlighted Vitalik Buterin’s statement regarding the idea of ​​an Ethereum gas futures market, which he believes could help developers, traders, and institutions hedge gas costs, especially as Ethereum prepares for a major upgrade with a target of increasing the gas limit fivefold.

On the other hand, in late November, we also reported that Vitalik Buterin sent 256 ETH to Session and SimpleX to support on-chain privacy, while calling privacy “hygiene” and stating that low-risk DeFi on Ethereum now feels safer over time.

Looking back, in early September, we covered his technical steps, highlighting leanVM, a zkVM proposal that focuses on commitment cost efficiency with four primary instructions and a multilinear STARKs approach, while targeting a tenfold performance improvement over the then-current recursion time of around 2.7 seconds.