CandleFocus

Ethereum Price Hits $2,474.81 Amid Market Fluctuations

Ethereum co-founder Vitalik Buterin has sold six memecoins for approximately $633,000 in exchange for 257.11 ETH. The memecoins included $MSTR, $POPCAT, and $ITO, among others. The largest transaction involved selling 330,000 $MSTR for 114 ETH, valued at around $281,000. Buterin has been consistently selling memecoins recently, indicating an overarching goal beyond market movements. The price of Ethereum has increased by 1.19% over the past day to $2,473.12. While this sale may not have a significant impact on Ethereum's overall market, it highlights Buterin's influence and liquidity within the crypto space. It is likely that Buterin will donate the proceeds from this sale, continuing his philanthropic efforts.

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