Ethereum founder Vitalik Buterin has been selling off low-volume altcoins sent to his wallet. In the past two days, he sold a total of 114,500 KNC, 30.57 million STRAYDOG, and 1.05 billion MUZZ, receiving 32,560 USDC and 1.89 ETH in return.

The total value of the sales was approximately $38,000. Most of these altcoins are tokens developers sent to Vitalik Buterin for free in order to attract attention and gain visibility. Buterin has also periodically sold similar tokens in the past, and these sales have generally not created significant pressure on the market.

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