Ethereum Co-Founder Vitalik Buterin Sells Free Tokens for 9.4 ETH
Vitalik Buterin sold airdropped tokens for 9.4 ETH, equivalent to $29,400, within 30 minutes, according to Lookonchain data.
ETH
Summary
Ethereum co-founder Vitalik Buterin sold several freely received altcoins for 9.4 ETH, valued at approximately $29,400. The transaction was reported by blockchain monitoring service Lookonchain, marking another instance of Buterin converting gifted tokens into Ether.
Terms & Concepts
- ETH (Ether): The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contract execution.
- Lookonchain: A blockchain analytics platform that tracks on-chain transactions and wallet activities in real time.
- Free tokens: Cryptocurrency assets received without payment, often as a promotional or airdrop distribution by a project.