Vitalik Buterin Continues Ethereum Transfers: Selling is on the Agenda Again!

Ethereum founder Vitalik Buterin sent 1,000 ETH to Luxembourg-based cryptocurrency exchange Bitstamp.

While Ethereum price has maintained its upward momentum for the last week, Vitalik Buterin moved ETH to Bitstamp again. Reported by on-chain analysis platform Lookonchain to data by Vitalik Buterin 7 October about the day $1.64 million worth 1,000 ETHcryptocurrency exchange to Bitstamp transferred.

This transaction was recorded as Buterin’s largest Ethereum transfer in recent times. Founder joined cryptocurrency exchange Bitstamp in the last 2 months $7.23 million worth 4,400 ETH transferred.

While market experts interpret these transactions made by the founder as profit-making sales, Buterin has not yet made a statement on the subject.

Buterin sent Ethereum to the stock exchange from the VB3 wallet, which is thought to belong to Buterin, to this address. $115 million worth 70 thousand Ethereum had been transferred. These transfers 30 thousand ETH And 40 thousand ETH It was done in two times, in the last one and a half years. Then, Buterin transferred 70 thousand Ethereum in his wallet, which is the subject of this news, to exchanges over time and continues to do so.

According to data from on-chain analysis platform centiment, the total supply of Ethereum held by exchanges is currently more than 5.5 years While off-exchange ETH supply is at a long-time low 115.88 million ETH reached its all-time high.


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