Vitalik dumped memecoins, stacked 6.5 ETH, then minted 315K DAI—a rare move for the Ethereum co-founder. With ETH at lows, people are joking he needed cash for bills, but he still holds $2M+ in crypto. What’s he up to?
Ethereum co-founder Vitalik Buterin just made a rare move—selling a bunch of memecoins for 6.5 ETH and then minting 315,382 DAI on March 18. This caught the crypto world off guard since Vitalik doesn’t usually dump assets from his own wallet.
According to Onchain Lens, he sold:
- 146.18B FML
- 180.88B SHIB
- 7.17B VB
- 366.47M AWESOME
On top of that, he offloaded 5,000 DHN (Dohrnii) tokens for 65.19 ETH. With ETH sitting at yearly lows, some users joked that Vitalik needed to cash out for bills, but let’s be real—the guy’s still loaded.
Per Etherscan, he holds 772.6 ETH ($1.46M) plus $536K in other tokens. While his ETH stash isn’t massive compared to big whales, this sell-off has people wondering—what’s the next move for Ethereum’s mastermind?
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