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Ethereum creator Vitalik Buterin sells meme coins and moves funds to privacy protocols amid crypto market recovery.

Market News
01 Apr 2026
UToday
View Source
Bullish
pluang ai news

Ethereum creator Vitalik Buterin has started April by selling off gifted meme coins worth about 14.5 ETH ($30,000) and transferring $92,000 in crypto to the privacy protocol Railgun. This move aligns with his ongoing strategy to avoid holding meme tokens, which he often sells or burns to fund ecosystem development and charity. Buterin also criticized the use of his previous Shiba Inu donation for political lobbying. His transfer to Railgun reflects his advocacy for privacy in crypto transactions. These actions come as Ethereum gains nearly 8% during a broader market recovery, signaling Buterin's focus on infrastructure and privacy rather than speculative meme tokens.

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