According to monitoring data from Onchain Lens, in the past two days, Vitalik Buterin – co-founder of Ethereum – has sold various cryptoassets. The list includes hot tokens such as UNI, ZORA, BNB, KNC, OMG, along with some other meme tokens. This move quickly drew attention from the community, in the context of the market being sensitive to large transactions from influential figures.
After completing the sell transactions, Vitalik transferred approximately 564,672 USDC and 27 ETH, equivalent to about 80,364 USD, through RAILGUN – a privacy-focused on-chain protocol. The use of RAILGUN highlights an increasingly clear trend in protecting privacy when making large value transactions on the blockchain.
There is currently no official comment from Vitalik regarding the purpose of these transactions. However, history shows that he often sells tokens to donate or reallocate cryptoassets, rather than implying negative connotations for the market.
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