Vitalik Buterin Sells 5K DHN Tokens for $124K, Triggering 50% Price Drop

Description

Vitalik Buterin sold 5,000 Dohrnii (DHN) tokens, which he had received for free from Dohrnii Labs, for $124,000, causing the token to lose half its value. This comes after repeated warnings from the Ethereum co-founder, advising projects not to send him tokens and instead donate directly to charity. DHN’s Price Drops by 50% According to an X post from blockchain tracking platform Spot On Chain, on March 18, Buterin sold 5,000 DHN for 65 ETH, equivalent to approximately $124,000. The stash was pa...