The Ethereum co-founder and developer, Vitalik Buterin, has sold 500 MKR tokens in exchange for 353 Ether.
According to the post from onchain data analyst Lookonchain, Vitalik sold his remaining 500 tokens of MakerDAO in a transaction while receiving 353 ETH, or approximately $580,000 in exchange.
The transaction took place on the CoW protocol, a meta-DEX aggregator that executes swaps in a batch on top of all other AMMs and DEX aggregators.
This latest move comes from Vitalik right after a day MakerDAO’s co-founder and CEO Rune Christensen announces ‘NewChain’ for its Endgame plan. In the blogpost, Rune said that the last phase of its Endgame plan is the launch of a native blockchain that will consider Solana’s codebase.
“After having researched all the different options available to act as the foundation for NewChain, I believe that the Solana stack is the most promising codebase to explore further,” Rune said.
While Vitalik’s MKR sale takes place right after Rune’s announcement, the rivalry between the Ethereum and Solana communities has again been fueled, with several users condemning MakerDAO’s decision.
