On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold the funds.
Crypto Speculators Question Motives Behind Vitalik Buterin’s Airdropped Token Sell-Off
According to a record of token transfers associated with an address labeled “VB,” Vitalik Buterin, the co-founder of Ethereum, appears to have sold a significant amount of ERC20 tokens that were airdropped to his address. Blockchain explorer statistics show that the address associated with Buterin sold billions of cult dao (CULT) tokens, billions of MOP, billions of kiboshib
Trending: A Professor Abandoning A Spouse And Kids For A College Student Isn’t Brave, But Wicked
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!