Ethereum's co-founder, Vitalik Buterin, has been making headlines with his recent wallet activity. According to on-chain data, he has been continuously selling off gift tokens that were recently sent to his wallet.
The sales have yielded a significant amount of Ethereum and USDC for Buterin. The exact figures are 231 ETH (approximately $529,000) and 114,566 USDC from the gift token sales alone.
In addition to these larger transactions, numerous low-volume altcoin sales have been observed through various liquidity pools, primarily Uniswap. While many of these tokens are memecoins or low-market-cap tokens, the sheer number of transactions is noteworthy.