According to the analytical platform Lookonchain, Ethereum’s founder has made a series of significant altcoin sales over the past two days. The transactions included liquidating 114,500 KNC ( worth approximately $22,300), 30.57 million STRAYDOG ( worth about $10,300), and an impressive 1.05 billion MUZZ ( valued at around $5,600).
As a result of this trading cycle, a total of 32,560 USDC and 1.89 ETH ( worth about $5,600) in alternative assets were acquired. Such market behavior suggests portfolio rebalancing or liquidity acquisition.
Notably, the largest transaction volume was in MUZZ – a billion tokens, which may indicate an intention to position in these assets. These transactions demonstrate ongoing portfolio rotation by influential market participants, often attracting the attention of traders and analysts when making decisions about altcoins.
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Vitalik has started an active altcoin sell-off: 114,500 KNC and billions of MUZZ in two days
According to the analytical platform Lookonchain, Ethereum’s founder has made a series of significant altcoin sales over the past two days. The transactions included liquidating 114,500 KNC ( worth approximately $22,300), 30.57 million STRAYDOG ( worth about $10,300), and an impressive 1.05 billion MUZZ ( valued at around $5,600).
As a result of this trading cycle, a total of 32,560 USDC and 1.89 ETH ( worth about $5,600) in alternative assets were acquired. Such market behavior suggests portfolio rebalancing or liquidity acquisition.
Notably, the largest transaction volume was in MUZZ – a billion tokens, which may indicate an intention to position in these assets. These transactions demonstrate ongoing portfolio rotation by influential market participants, often attracting the attention of traders and analysts when making decisions about altcoins.