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🪙 Vitalik Sells DOG Tokens, Ethereum Foundation Moves Milli

CryptoPotato

Updated at: 6 hours ago

{"content":"🪙 Vitalik Sells DOG Tokens, Ethereum Foundation Moves Millions in ETH 🔥 🔍 Vitalik Buterin Swaps DOG Meme Tokens On June 27, 2025, Vitalik Buterin swapped 2 trillion DOG tokens for 4.43 ETH (~$10.8K), according to PeckShieldAlert. These tokens were likely unsolicited promotional airdrops, which Buterin has a history of offloading immediately. 📉 Market Impact The sale triggered panic selling in the DOG market and a sharp liquidity dip. ETH trading volume spiked as bots and traders reacted to the swap. Despite the small amount (4.4 ETH), the event caused outsized volatility typical in meme-coin markets. 🐕 Can DOG Survive? DOG’s future now hinges on community confidence and liquidity restoration. Similar to SHIB, which rebounded after early dumps, DOG could recover—but only if trust holds. 💼 Ethereum Foundation Transfers As reported by The Data Nerd, the Ethereum Foundation moved: 1,000 ETH (~$2.45M) to wallet 0xc06 recently. 9,000 ETH total (~$22.67M) to the same wallet over the past month. According to Arkham, this wallet interacted with Buterin's main wallet on May 13, raising speculation about strategic ETH management. 💸 ETH Outlook Buterin often converts meme coin proceeds into ETH, potentially adding short-term selling pressure. Expect continued ETH volatility as traders track wallet flows and Foundation activity. 🧭 Bottom Line DOG: Under pressure; its fate depends on community resilience. ETH: Short-term volatility likely as Foundation and Buterin move large sums. $ETH {spot}(ETHUSDT) $DOGE {spot}(DOGEUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/27/d745d046288443bcbf417ed342d7fe60.jpg"],"tags":[],"tradingPairs":["DOGE/USDT"],"quotearticleid":0}

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