Vitalik Buterin, the co-founder of Ethereum (CRYPTO: ETH), sold memecoins he got for free on Sunday, sparking a bit of intrigue in the cryptocurrency community.

Buterin Has Crypto World Guessing

The influential cryptocurrency entrepreneur swapped 150 billion I love puppies (PUPPIES) for 28.65 ETH, worth $117,635, and 1 billion ERC20 tokens for $13,900 in USDC (CRYPTO: USDC) stablecoin, according to Lookonchain.

The motive of the transfer was not immediately clear. Buterin didn’t immediately respond to Benzinga’s request for comment on the matter.

Though the sale amount was modest, Buterin’s actions, particularly in handling the memecoins he was gifted, have always drawn curiosity.

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