Ethereum co-founder Vitalik Buterin has sold a significant amount of tokens from his public wallet, including 114,500 KNC, 30.57 million STRAYDOG, and over 1 billion MUZZ tokens. The transactions, tracked by Lookonchain, converted these tokens into approximately 32,560 USDC and 1.89 ETH. These tokens are often sent to Buterin by projects seeking visibility, and he typically sells them, with proceeds often going to charity. Buterin has clarified that receiving such tokens does not imply his endorsement. The market's fear and greed index currently shows mixed sentiment, and while traders closely monitor Buterin's transactions, especially in lower-liquidity altcoins, markets generally stabilize quickly unless compounded by other factors.