Vitalik Buterin Sells Off More Memecoins — This Time Converting Free Tokens into $14,000

Ethereum co-founder Vitalik Buterin has once again stayed true to his long-standing principle: if someone sends him memecoins for free, they won’t remain in his wallet for long.

According to data from Arkham Intelligence, Buterin recently sold 275 trillion CatCoin (CAT) tokens for 14,216 USDC, worth about $14,200.

It’s another example of how the Ethereum founder refuses to be used as a marketing tool by opportunistic memecoin projects.

Another “Cat-Themed” Coin Gone from His Wallet The transaction took place early Thursday morning (around 6:00 UTC), when Buterin moved the tokens from his vitalik.eth address through the bridge and decentralized exchange aggregator Li.Fi.

CatCoin — a meme token inspired by feline humor and positioned as a “cat rival” to Dogecoin and Shiba Inu — fell 0.29% after the transfer, underperforming the broader crypto market’s 1.82% decline during the same period. Although the sale was minor compared to Buterin’s $970M portfolio, such moves often influence market sentiment around affected tokens.

Back in 2021, a similar sale of Shiba Inu (SHIB) by Buterin triggered a 44% crash in the token’s price within just 24 hours.

“I Don’t Want to Be a Marketing Tool,” Says Buterin For years, Buterin has spoken out against being used to promote new crypto projects.

Many teams send him large portions of their token supplies, hoping his name will create FOMO and hype around their coins. But Buterin has made his stance clear: “Everything sent to me gets donated to charity. But honestly, I’d prefer if you donated directly,” he said last year on X. His consistent approach — selling unsolicited tokens and donating the proceeds to good causes — has earned him widespread respect in the crypto community.

From Shiba Inu to SPURDO: A History of Free Tokens Buterin’s resistance to memecoins dates back to 2021, when he sold $1 billion worth of SHIB tokens and donated the proceeds to India’s COVID-19 relief fund, which was struggling with oxygen and medical shortages at the height of the pandemic. Since then, he has continued to sell off other unsolicited tokens, including SHIKOKU, DOG, ESTEE, and DINU, earning around $139,000 from those conversions.

In October, he sold over $2.78 million worth of memecoins (1,101 ETH) and donated 360 ETH (around $884,000) to airborne disease research initiatives.

Buterin’s Portfolio Surpasses $970 Million Arkham Intelligence data shows that Buterin’s holdings rose from $948.6 million to $973.5 million last week — a $25 million increase in just seven days.

His portfolio remains dominated by Ethereum (ETH), worth about $959 million, alongside smaller holdings in Wrapped Ether (AWETH) and Augur (REP). Meanwhile, his wallet has received new unsolicited airdrops, including 1 billion SPURDO and 6.4 billion TWOGE tokens — likely the next batch of memecoins he’ll eventually liquidate.

Vitalik Buterin: The Symbol of Ethics in Crypto While others might use fame for quick gains, Buterin continues to prove that authenticity and ethics still have a place in crypto.

His consistent rejection of unsolicited tokens is not just a technical decision — it’s a philosophical statement against market manipulation and false hype. In a space often driven by speculation and noise, Vitalik Buterin stands out as a rare voice of integrity, transparency, and long-term vision for decentralization.

#ETH , #Ethereum , #memecoins , #blockchain , #CryptoNewss

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