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October 10, 2025cryptonews logocryptonews

Vitalik Buterin Dumps Free Meme Coins Again, Cashes $96K on Uniswap

Ethereum co-founder Vitalik Buterin has once again drawn attention to his on-chain activity after selling several meme coins he received for free, converting them into 22.14 ETH, roughly $96,000, on decentralized exchange ￰3￱ to blockchain data, the transactions took place on October 10, 2025. Buterin’s wallet sold 40.25 billion SPURDO, 10.31 billion MARVIN, and six trillion DOJO tokens through Uniswap’s Universal Router. vitalik. eth( @VitalikButerin ) just sold some #memecoins received for free again and got 22.14 $ETH ($96.4K). ￰0￱ ￰4￱ — Lookonchain (@lookonchain) October 10, 2025 The swaps were executed within minutes, converting the tokens directly into ￰5￱ after completing the trades, Buterin moved 70 ETH, worth around $304,000, to a new wallet linked to the Methuselah ￰6￱ foundation later transferred the funds through Railgun, a privacy-focused protocol known for shielding transaction ￰7￱ meme coins sold were community-distributed tokens that Buterin had not actively ￰8￱ stands on his long-standing policy of selling or donating unsolicited tokens sent to his “vitalik.

eth” wallet, which developers often use for publicity and ￰9￱ Offloads Airdropped Meme Coins, Citing Ongoing Opposition to Speculative Hype The Ethereum co-founder, however, has repeatedly criticized the practice, describing unsolicited airdrops as disruptive and ￰10￱ previous instances, he has stated that any tokens sent to him without consent would either be sold or donated to charitable ￰11￱ latest move echoes similar activity seen in 2021 and 2023, when Buterin sold or donated various meme tokens, including SHIBA INU and AKITA, that were airdropped to ￰12￱ actions at the time led to significant price volatility in the affected tokens, as traders reacted swiftly to his ￰13￱ and MARVIN are among several meme-driven projects inspired by internet culture.) 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 supports biotechnology and public health ￰14￱ Ethereum co-founder’s on-chain activity has been a frequent subject of ￰15￱ 2024, his wallet sold a total of 950 ETH , worth about $2.28 million, in several batches, a pattern that observers said was likely structured to minimize price ￰16￱ Buterin has not publicly commented on the latest meme coin sales, his actions continue to show the transparency of blockchain transactions and the challenges that come with being a high-profile figure in the crypto ￰17￱ 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 tool designed to conceal on-chain ￰18￱ say Hinkal’s privacy wallet might be a breakthrough for personal security on-chain, but warn it’s no silver bullet against determined attackers. #Privacy #Blockchain #Crypto ￰1￱ — ￰19￱ (@cryptonews) September 15, 2025 The test comes amid a rise in crypto-related hacks, which totaled $163 million in August alone , according to ￰20￱ the past five years, investors have lost more than $4 billion in targeted attacks.

Hinkal’s wallet aims to protect large holders by masking transactions without breaching compliance ￰21￱ Giorgi Koreli called blockchain transparency a “bug,” arguing that total visibility of assets, over $4 trillion globally, exposes users to risk. “Privacy-preserving wallets are the future,” Koreli said, noting that surveillance-driven systems undermine user ￰22￱ data shows Buterin sent 0.01 ETH (about $44) using Hinkal’s tool in late ￰23￱ the transaction was recorded, further internal details were hidden, demonstrating the wallet’s anonymizing function. Meanwhile, Ethereum’s market performance has ￰24￱ fell nearly 2% in 24 hours to around $4,357 and 3% over the week, even as trading volume climbed 15%, CoinMarketCap data shows .

Analysts, including Ali Martinez, have identified the $4,000–$4,800 range as a “danger zone,” where multiple rallies have historically met heavy sell pressure. I wasn't lying when I told you $4,000–$4,800 is a danger zone for Ethereum $ETH ! ￰2￱ ￰25￱ — Ali (@ali_charts) October 10, 2025 Technically, ETH remains in a long-term uptrend but faces weakening short-term ￰26￱ warn that losing the $4,000 support could trigger a deeper correction toward $3,400, though the overall bullish structure remains intact for now.

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