Vitalik recently earned more than 650 ETH by selling Memecoin in his wallet, which was converted into a value of more than $1.7 million. These Memecoins include 8 different projects such as MSTR, Milo, POPCAT, etc., which were all sent directly to Vitalik's wallet by various project parties as a means of creating topics and attracting traffic.
This trend started with the SHIB project party, who sent 50% of the total SHIB, or 500 trillion, to Vitalik's wallet, and many other projects followed suit. Sending tokens to Vitalik's wallet seems to have become a strategy because doing so can attract more attention and discussion, increasing the possibility of tokens going viral. Whether Vitalik chooses to hold, sell or donate these tokens, his every move will become the focus, which may drive the popularity and price of tokens.
It has been observed that Vitalik's vitalik.eth wallet address still contains dozens of Memecoins, which are likely to be given by the project party. The displayed value of these tokens exceeds tens of millions of dollars. It can be said that Vitalik has achieved "lying profit" in this process.