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Vitalik Buterin Rakes In Nearly $700K Ethereum After Selling Stash Of 'Free Sh*tcoins'

Published 07/03/2023, 06:07
Updated 07/03/2023, 07:10
Vitalik Buterin Rakes In Nearly $700K Ethereum After Selling Stash Of 'Free Sh*tcoins'
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Benzinga - Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin is unloading his stash of ‘free sh*tcoins,’ according to on-chain data.

What Happened: Data from Lookonchain, an on-chain analytics platform, indicates that Buterin sold three sh*tcoins — MOPS (CRYPTO: MOPS), CULT (CRYPTO: CULT) and SHIK (CRYPT: SHIK).

Buterin gained 429.25 ETH, worth $691,000, by selling 50 billion MOPS, 10 billion CULT and 500 trillion SHIK.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

In the last 24 hours, SHIK saw a 52% decline, MOPS surged 178%, and CULT dropped by 7%.

Read More: Bitcoin, Ethereum, Dogecoin Rise As Silvergate Fears Ebb: Analyst Says Apex Crypto Will 'Peak' Unless Fed's Powell Pulls A Surprise

Photo by John Phillips via Wikimedia

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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