Vitalik Buterin Trades Neiro and MOODENG for Ethereum: Latest Crypto Moves Analyzed

Sheila Belson
By Sheila Belson

As per recent observations by Zerion, Ethereum co-founder Vitalik Buterin executed significant crypto transactions on October 5. Utilizing the decentralized exchange, KyberSwap, Buterin converted a substantial 70.719 million Neiro into 29.897 ETH, valued approximately at $72,400. Furthermore, he divested 11.76 billion MOODENG, yielding 21.033 ETH, equating to a market value of around $50,900. In another strategic trade, Buterin sold 7.801 million DEGEN, earning himself another 25.113 ETH, approximately valued at $60,800. Additionally, through ParaSwap, he exchanged 16.03 billion KABOSU for 22.937 ETH, which corresponds to approximately $55,600. These transactions reflect a strategic divestment pattern and highlight the dynamics and liquidity offered by decentralized exchanges in the current crypto landscape.

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