March 7, 2023 1:07 AM | 1 min read
Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin is getting rid of his free crypto coins, according to on-chain data.
What Happened: Information from Lookonchain, an on-chain analytics platform, reveals that Buterin disposed of three cryptos — MOPS (CRYPTO: MOPS), CULT (CRYPTO: CULT) and SHIK (CRYPT: SHIK).
Buterin collected 429.25 ETH, which is equivalent to $691,000, by selling 50 billion MOPS, 10 billion CULT and 500 trillion SHIK.
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vitalik.eth (@VitalikButerin) is trading his free cryptos.
Recently disposed of 50B $MOPS for 1.25 $ETH($2K), exchanged 10B $CULT for 58 $ETH($91K), sold 500T $SHIK for 380 $ETH($600K).https://t.co/SboWZsO8WY pic.twitter.com/xNaRTeVM7K
— Lookonchain (@lookonchain) March 7, 2023
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In the last 24 hours, SHIK saw a 52% decrease, MOPS surged 178%, and CULT dropped by 7%.
