🪙 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.