Ethereum News Today: "Buterin's Meme Coin Sales Fuel Biotech Philanthropy, Rejecting Speculation"

Vitalik Buterin, co-founder of Ethereum, has generated a $96,400 profit by liquidating airdropped meme coins on Uniswap, further reinforcing his public stance against speculative token distributions. On October 10, 2025, Buterin's wallet executed a series of transactions selling 40.25 billion SPURDO, 10.31 billion MARVIN, and six trillion DOJO tokens, converting them into 22.14 ETH Vitalik Buterin Dumps Free Meme Coins Again, Cashes $96K on …^[1]. The trades were completed within minutes, with the proceeds subsequently transferred to a wallet associated with the Methuselah Foundation, a nonprofit focused on anti-airborne-disease technology. The foundation later routed the funds through Railgun, a privacy protocol, to obscure transaction details.

This activity aligns with Buterin's long-standing policy of selling or donating unsolicited tokens sent to his "vitalik.eth" address, which developers often use to gain visibility. The Ethereum co-founder has consistently criticized such airdrops as "speculative distractions" and has repeated similar actions in 2021 and 2023, including sales of SHIBA INU and AKITA tokens. Those prior transactions triggered immediate price volatility in the affected tokens, a pattern observed again in this case. SPURDO and MARVIN, community-driven projects tied to internet memes and charitable themes, saw brief spikes in attention but remain heavily influenced by social media sentiment. Analysts note that Buterin's moves may exert short-term pressure on these tokens but are unlikely to alter their long-term trajectory.

Buterin's broader approach to meme coins extends beyond selling. In October 2024, he donated 10 billion tokens to a biotech initiative combating airborne diseases, and in August 2024, he contributed animal-themed tokens to the Effective Altruism Funds' Animal Welfare Fund. Earlier in January 2025, he liquidated $2.5 million in meme coins, channeling $984,000 in USDC to his Kanro biotech fund. His 2024 transactions also included a $1.91 million ETH transfer to Railgun, underscoring his advocacy for privacy tools in blockchain Vitalik Buterin Dumps Free Meme Coins Again, Cashes $96K on …^[1].

The Ethereum co-founder's on-chain activity remains a focal point for market observers. In 2024, he sold 950 ETH ($2.28 million) in structured batches to minimize price impact, a strategy consistent with his recent actions. While Buterin has not publicly commented on the October 2025 sales, his transactions highlight the transparency of blockchain data and the challenges faced by high-profile figures in managing unsolicited assets.