Ethereum founder dumps controversial airdrop worth $33,000
Ethereum founder Vitalik Buterin sold 25 trillion SHIT received from an unknown prankster. total amount of tokens Buterin. dumped by Estimated to be 33,475 USDC via Uniswap. As a result, the asset price fell by 60%.
According to PeckShieldAlert, the tokens were transferred to the address vitalik.eth, owned by the founder of Ethereum, two months ago. Many Ethereum-based projects transfer some of their tokens to Vitalik Buterin, hoping to get noticed by the crypto community.
It is unknown why Vitalik held these coins for so long, but perhaps on the eve of Ethereum’s transition to PoS, the blockchain maker decided to clean up its portfolio.
Other important things for Ethereum creator
While Vitalik is purging his portfolio of various questionable assets, other important multi-billion dollar developments are unfolding in Ethereum’s backyard. So, it seems that another possible hard fork of the Ethereum network might be a bigger headache for Buterin.
As a result of blockchain rejecting the PoW consensus, miners began to realize that expensive ETH mining equipment would go out of business and the resources invested in the business may never pay off. Since the revenue will be zero immediately, they will be completely excluded from the ecosystem.
At the same time, one of the major players in the Chinese mining ecosystem, Chandler Guo, said that he plans to continue mining in the Ethereum PoW chain and is preparing a new network hard fork with a transition to the new blockchain ETHPoW. Thus, in addition to the already forked Ethereum Classic, another branch might be added, which does not seem good for the integrity of Ethereum as a whole.