Vitalik Buterin sold off more free meme coins, realizing approximately $96,000 through a transaction on Uniswap.

Meme Coin Sales and ETH Conversion

Ethereum co-founder Vitalik Buterin recently sold over 15 trillion meme coins (SPURDO, MARVIN, and DOJO) received for free, converting them into 22.14 ETH (~$96,000) via Uniswap. This action follows his longstanding policy of selling or donating unsolicited tokens to avoid contributing to speculative hype and redirecting energy toward positive social impact. The sales occurred on October 10, 2025, and are consistent with previous actions in 2021 and 2023.

Charitable Contributions and Fund Support

Following the meme coin sales, Buterin transferred 70 ETH (~$304,000) to a Methuselah Foundation linked wallet, subsequently routing funds through the privacy-focused Railgun protocol. He frequently utilizes proceeds from such sales to support charitable causes, notably his Kanro biotech fund which supports biotechnology and public health research, and other initiatives like animal welfare. The latest conversion of meme coins brings the total liquidated to nearly $1 million.

Privacy Tool Testing and Ethereum Market Context

Buterin recently tested "Invisible Wallet," a new privacy tool designed to conceal on-chain activity, amidst rising crypto-related hacks. This follows a broader trend of utilizing tools to mitigate risks associated with blockchain transparency, though the tool is not entirely impenetrable. Ethereum's market performance is currently facing headwinds, with analysts identifying a “danger zone” potentially triggering a deeper correction.

Future Trends & Analysis

Analysts continue to monitor Buterin's on-chain activity, noting its impact on market sentiment and token volatility. The use of privacy-focused tools, and the redirection of cryptocurrency funds to charitable efforts, highlight evolving considerations within the blockchain community. Future impact on meme coin markets, as well as Ethereum's overall performance, remains under observation.