According to data shared by on-chain analytics platform Onchain Lens, Ethereum founder Vitalik Buterin attracted attention with various meme token sales and ETH transfers.
Ethereum Founder Vitalik Buterin Held a Multi-Token Sale and Moved 70 ETH via Railgun
Buterin sold 40.25 billion SPURDO, 10.31 billion MARVIN, and 6 trillion DOJO tokens for a total of 22.14 ETH (approximately $96,000).
Following the sale, Buterin transferred his assets, worth 70 ETH (approximately $304,000), to a new wallet identified as being affiliated with the Ethereum Foundation.
This transfer was made through a proprietary protocol called Railgun, which enhances user privacy. Railgun is known for its ability to encrypt transactions on the blockchain, hiding sender and recipient addresses.
This development is seen as a continuation of Buterin’s recent surge in on-chain activity. The renowned developer has previously attracted attention from the crypto community with various token sales and wallet movements.
Analysts note that Buterin’s moves do not have a direct impact on the market, but his activities on the Ethereum ecosystem are closely watched by investors.
Neither Vitalik Buterin nor the Ethereum Foundation have made any official statement regarding the transactions in question.
*This is not investment advice.
