Vitalik Buterin dumps free meme tokens for 114,566 USDC and 155 ETH worth $355K in 24 hours, signaling wallet cleanup amid ETH price prediction volatility.

Vitalik Buterin sells freely received meme tokens, netting 114,566 USDC and 2.16 ETH worth $5K, amid ETH price prediction volatility.

According to @bubblemaps, trader Hayden Davis has returned to the market but has faced significant losses totaling $3 million. The losses stem from trading Solana-based meme tokens like $PUMP, $TROVE, and $PENGUIN. This follows his prior $2 million loss trading $PUMP, raising questions about the risks associated with meme token investments on Solana.