Vitalik.eth Sells 10 Billion MOODENGs for $762,000 and Donates 260.16 ETH to Charity

According to a recent report from COINOTAG dated October 7, blockchain analyst Lookonchain has tracked significant transactions by vitalik.eth. The prominent Ethereum co-founder liquidated a staggering 10 billion MOODENG tokens for a total of 308.69 ETH, approximately valued at US$762,000. In a philanthropic gesture, he subsequently donated 260.16 ETH, equating to about US$642,000, to the charity organization Kanro. Despite this considerable sell-off, vitalik.eth retains a substantial stake of 40 billion MOODENGs, currently estimated to be worth around US$8 million. This move underscores the ongoing volatility in the cryptocurrency market while highlighting the importance of charitable contributions from influential figures within the ecosystem.