
Vitalik Buterin, co-founder of Ethereum, has sold his entire stash of 17.15 billion Neiro tokens, which were transferred to him by the Neiro team. The sale amounted to 44.53 ETH, equivalent to $112,500. This move caused a significant impact on the market, leading to a 60% plunge in the value of Neiro. Initially, the Neiro token had surged by 200% after leveraging Buterin's fame. The Neiro team had transferred 17.15 billion Neiro tokens, representing 4.08% of the total supply, to Buterin's wallet, making him the largest holder before the sale.
.@VitalikButerin sold all 17.15B $NEIRO for 44.53 $ETH ($112.5K). The Neiro team transferred 17.15B $NEIRO (4.08% of the total supply) to vitalik.eth after the launch. https://t.co/cGdarJoQ2K https://t.co/7ageSA2tEV
[ETHERSCAN] Vitalik Buterin Dumps Entire Memecoin $NEIRO Stash for $103,000, Triggering 60% Plunge; Token Initially Surged 200% After Leveraging His Fame https://t.co/IFri9Aoyay
JUST IN: VITALIK BUTERIN REPORTEDLY DUMPED 17.1B NEIRO MEMECOIN ON ETHEREUM SENT BY THE NEIRO TEAM