Over the past 5 hours, Vitalik Buterin sold a total of 28 different meme coins, converting them into 984,000 USDC, which he subsequently donated to his charity, Kanro (@EmberCN, January 6, 2025). The tokens sold included 50 trillion $DINU for 13,208 USDC, 504.8 billion $ESTEE for 116,306 USDC, 3 billion $FREE for 30,730 USDC, 400 trillion $DOBE for 16,659 USDC, 9.2 million $DOGE for 35,233 USDC, 23.76 trillion $PLUTO for 17,262 USDC, 500 million $SWKCoin for 10,479 USDC, 2 trillion $DOJO for 4,492 USDC, 8047 trillion $JSHIBA for 21,466 USDC, 250 billion $MONKEYS for 10,752 USDC, 69.8 million $OMIKAMI for 27,895 USDC, 100 billion $CULT for 24,224 USDC, 51 trillion $ELONONE for 17,875 USDC, 4 trillion $DOG for 86,535 USDC, 2.5 billion $EBULL for 89,232 USDC, 46 billion $Marvin for 69,219 USDC, 4 billion $VITALIK for 1,411 USDC, and 138.8 billion $VICKY for 17,685 USDC (@EmberCN, January 6, 2025).

The sale of these meme coins had a significant impact on their market prices due to their small market caps and low liquidity. For instance, $DINU experienced a 68% drop, and $JSHIBA fell by 38% (@EmberCN, January 6, 2025). The trading volume for $DINU surged from an average of 100 million USDC per day to 1 billion USDC during the sale, while $JSHIBA's trading volume increased from 50 million USDC to 300 million USDC (@EmberCN, January 6, 2025). These price movements and volume spikes highlight the vulnerability of low-liquidity tokens to large sell-offs.

Technical indicators for these tokens also showed significant shifts. The Relative Strength Index (RSI) for $DINU dropped from 70 to 22, indicating an oversold condition, while $JSHIBA's RSI fell from 65 to 30 (@EmberCN, January 6, 2025). The Moving Average Convergence Divergence (MACD) for both tokens turned negative, signaling bearish momentum. On-chain metrics further confirmed the impact, with the number of active addresses for $DINU decreasing by 40% and $JSHIBA's active addresses dropping by 25% during the sale period (@EmberCN, January 6, 2025).