Vitalik’s wallet is programmatically dumping “garbage” memecoins again – on‑chain data shows minute‑by‑minute liquidation
Vitalik Buterin is programmatically dumping unsolicited memecoins again, turning airdropped “spam” into ETH while leaving thinly traded meme markets on edge.Arkham data shows Vitaliks wallet auto‑selling low‑cap memecoins airdropped to him, with minute‑by‑minute swaps into ETH.The pattern echoes past dumps of SHIB‑era memes, CAT and others, reinforcing his stance that unsolicited tokens are spam, not endorsements.Combined with his ongoing ETH disposals to fund public goods, the activity turns his address into structural sell pressure for illiquid meme bets. On‑chain analytics from Arkham Intelligence indicate that an address attributed to Ethereum co‑founder Vitalik Buterin (0xAb5…) has entered a new phase of high‑frequency selling of assorted memecoins airdropped to his wallet. According to the activity feed, the address is swapping multiple low‑cap meme tokens every minute, with individual transactions typically in the tens to low hundreds of dollars and a continuous inflow of ETH recorded over the same period. The pattern suggests the use of automated scripts to batch‑liquidate unsolicited “junk” airdrops rather than discretionary, one‑off sales. Market participants are drawing comparisons with earlier episodes. In 2021, Buterin famously sold or donated large allocations of airdropped memecoins such as SHIB, triggering sharp, short‑term price dislocations across several tokens that had tried to co‑opt his