Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Vitalik Converts Free Meme Tokens Into 14K USDC, Lookonchain Reports

Vitalik Converts Free Meme Tokens Into 14K USDC, Lookonchain Reports

coinfomaniacoinfomania2025/10/30 11:24
By:coinfomania

Quick Take Summary is AI generated, newsroom reviewed. Vitalik Buterin sold over 275 trillion CAT and other unsolicited meme tokens received in his wallet. The transaction yielded 14,216 USDC, a stablecoin, using the decentralized swap protocol LiFi Diamond. This aligns with Buterin's consistent practice of clearing unwanted speculative tokens to signal disinterest and avoid association. Despite the small sale, his wallet holds nearly $1 billion in mostly long-term, established crypto assets.References 🚨V

Ethereum co-founder Vitalik Buterin has once again sold off a batch of free meme tokens. That is sent to his wallet, according to on-chain data tracked by Lookonchain. The sale brought him 14,216 USDC. This sparked renewed discussions across the crypto community about his stance on meme coins.

Lookonchain Flags Another Meme Token Sale

Lookonchain, a blockchain analytics platform, reported that Vitalik converted a large quantity of free meme tokens. This includes over 275 trillion CAT tokens, into stablecoins via LiFi Diamond, a decentralized swap protocol. The transaction shows Vitalik receiving 14,216 USDC, equivalent to roughly $14,200.

🚨VITALIK IS DUMPING HIS MEMECOINS!

As per LookOnChain, Ethereum’s founder just sold the free memecoins he received — netting 14,216 $USDC from the latest batch. pic.twitter.com/4fygo8Ckjg

— Coin Bureau (@coinbureau) October 30, 2025

This isn’t the first time Vitalik has cleared out unsolicited tokens from his wallet. Over the years, he has occasionally sold or donated meme tokens. That was sent to him by various projects trying to gain attention. His transactions often attract viral attention due to his high-profile status in the crypto world. With the sudden impact such sales can have on token prices.

Community Reactions and Light Humor

The sale quickly caught the eye of traders and crypto commentators online. Many joked about the sale, with one user teasing, “His girlfriend must’ve seen the Birkin bag another dev bought.” Others found humor in the idea of the Ethereum creator casually turning “free coins” into stable income. 

However, some observers pointed out that Vitalik has never actively traded for profit. Instead, he’s known for his consistent approach of clearing unwanted tokens. Often so he can avoid being associated with them. Analysts publicly track his wallet, vitalik.eth, and it remains one of the most transparent in the crypto space.

Meme Tokens and Unsolicited Airdrops

Meme tokens have become a recurring theme in Vitalik’s crypto journey. Their creators send many of these tokens directly to his wallet as publicity stunts. By transferring or selling them, Vitalik often signals disinterest in speculative tokens that lack long term utility.

His previous actions have even triggered sudden sell-offs in meme tokens. When he sold large amounts of SHIB, AKITA and ELON tokens in 2021. The market reacted sharply, leading to what some called “the Vitalik effect.” This latest move appears smaller in scale. But still gained traction due to its timing amid renewed meme coin hype.

Buterin’s Holdings Remain Massive

Despite the small transaction, Vitalik’s overall crypto holdings remain enormous. According to data from Arkham Intelligence, his wallet currently holds over $962 million in digital assets. Most of this wealth comes from his early Ethereum holdings and long-term positions in established projects. His decision to convert free tokens into USDC, a stablecoin pegged to the U.S. dollar. 

This reflects his cautious approach to volatile assets. While meme coins come and go. Vitalik continues to focus on building the Ethereum future and promoting sustainable blockchain innovation. Currently, the crypto world may keep joking about Vitalik’s “meme coin cleanups.” But his quiet consistency shows a clear message. Free tokens aren’t free of consequences, and the Ethereum founder prefers stability over hype.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Bitcoin surges to $90K—Is this a sign of a new cycle or an early warning of another downturn?

- Bitcoin surged past $90,000 amid November's 29% drop from its October $126,000 peak, signaling a tentative recovery. - Ethereum , Solana , and other major cryptos rose 3-5%, while the Crypto Fear & Greed Index improved slightly to 15. - Technical indicators show Bitcoin testing critical levels, with analysts divided on whether $90,000 marks a cyclical bottom or temporary respite. - Institutional flows and on-chain data reveal mixed sentiment, as Fed policy uncertainty and bearish structures persist. - Lo

Bitget-RWA2025/11/27 11:42

The Iceberg Phenomenon: Unseen Dangers of AI’s Labor Force Surface Across the Country

- MIT's Iceberg Index reveals AI could replace 11.7% of U.S. jobs ($1.2T in wages), impacting sectors like finance and healthcare beyond tech hubs. - The tool maps 151M workers across 923 occupations, highlighting hidden risks in routine roles (e.g., HR, logistics) versus visible tech layoffs. - States like Tennessee and Utah use the index for reskilling strategies, while C3.ai partners with Microsoft to expand enterprise AI solutions. - Despite C3.ai's market expansion, its stock faces volatility, reflect

Bitget-RWA2025/11/27 11:26

Where Saving Animals and Supporting People Come Together: The Gentle Barn's Comprehensive Approach

- The Gentle Barn, a California-Tennessee sanctuary, merges animal rescue with human emotional healing through acupuncture, mobility aids, and therapeutic interactions. - Its volunteer programs and $75 season passes support financial sustainability while fostering compassion between humans and rescued animals like turkeys and hoofless goats. - The nonprofit's holistic model attracts attention as a case study in combining veterinary care with mental health initiatives, despite scalability challenges in nonp

Bitget-RWA2025/11/27 11:26
Where Saving Animals and Supporting People Come Together: The Gentle Barn's Comprehensive Approach

XRP News Today: With Tether and USDC under examination, RLUSD from the UAE stands out as a regulatory-compliant stablecoin option.

- Ripple's RLUSD stablecoin received ADGM approval as a regulated fiat-referenced token in Abu Dhabi, enabling institutional use in payments and treasury management. - Pegged 1:1 to the USD with NYDFS oversight, RLUSD ($1.2B market cap) offers compliance-driven alternatives to USDT/USDC amid global regulatory scrutiny. - UAE's ADGM-DIFC regulatory framework positions the region as a crypto innovation hub, with Ripple expanding partnerships through Zand Bank and Mamo fintech . - The approval aligns with UAE

Bitget-RWA2025/11/27 11:08
XRP News Today: With Tether and USDC under examination, RLUSD from the UAE stands out as a regulatory-compliant stablecoin option.