Vitalik Buterin, co-founder of Ethereum, resumed active trading, liquidating meme tokens and expanding DAI trading volumes.
Buterin's Trading Activity
Vitalik Buterin, co-founder of Ethereum, resumed active trading on his known wallets. One of his wallets minted 315,382 DAI in a single transaction to extract liquidity from his holdings. DAI remains a DEX-traded token and is used within DeFi.
Windfall from Dohrnii (DHN)
The latest balances in Buterin’s wallet show he made a significant profit from the Dohrnii (DHN) project, selling 5,000 DHN for 65.19 ETH. The Dohrnii Labs project offers an educational platform for personal and crypto finance.
Reducing Meme Token Holdings
Buterin also liquidated both new and old meme tokens, including remnant SHIB holdings, collecting 71.69 ETH in proceeds. This move did not affect the price of ETH, which remained at $1,907.56.
Vitalik Buterin's actions in liquidating tokens demonstrate his strategic approach to managing his assets despite the current bearish market sentiment.
