Vitalik Buterin’s 505 Trillion SHIB Move: Ethereum Founder’s Shocking Token Strategy Revealed

When Ethereum's wunderkind Vitalik Buterin moved 505 trillion SHIB tokens, the crypto world held its breath. Was this a masterstroke or a meme-fueled gamble?

The SHIB Shuffle: Buterin's Power Play

That mountain of Shiba Inu tokens—worth billions at peak valuations—didn't just disappear into the blockchain ether. Our investigation traces the winding path of Buterin's SHIB saga, from that jaw-dropping initial transfer to its ripple effects across DeFi markets.

Why 505 Trillion Matters

In a market where 'community tokens' swing between parody and paradigm, Buterin's SHIB stash became an accidental pressure valve. The Ethereum founder's subsequent moves—some charitable, some strategic—rewrote the rules of influencer tokenomics. Meanwhile, Wall Street hedge funds still can't tell the difference between a blockchain and a spreadsheet.

The Aftermath: A New Playbook for Crypto Royalty

Buterin's SHIB saga proves that in crypto, even the founders don't control the chaos. One thing's certain—when the ETH creator moves, markets listen. Whether they should is another question entirely.

Here’s What Vitalik Buterin Did With 505 Trillion Shiba Inu Tokens

In May 2021, Vitalik Buterin donated 50 trillion Shiba Inu tokens to a COVID-19 relief fund operating in India. The price of 50 trillion SHIB tokens was worth close to $1.2 billion at that point in time. In addition, he burned 410.24 trillion SHIB tokens worth $6.7 billion by sending them to the dead wallet. It can never be retrieved and is officially burned and removed from circulation.

After donating 50 trillion Shiba Inu tokens to India’s Covid-19 relief fund and burning 410.24 tokens, Vitalik Buterin currently holds 45 trillion SHIB tokens. He confirmed that he has no plans to sell them and did not reveal what he intends to do. Most likely, he WOULD either donate it to other humanitarian causes or eventually burn it in the future.

The 45 trillion Shiba Inu tokens owned by Vitalik Buterin are now worth $543.6 million. Its value has dipped drastically as its price is now hovering around the $0.00001 mark. It is on the verge of adding an extra zero and could soon trade with five zeroes in the charts.