Ethereum (ETH) founder Vitalik Buterin transferred 400 ETH worth a total of 640 thousand dollars to Coinbase, the largest cryptocurrency exchange in the USA.
While Ethereum has maintained its consolidated structure for the last week, Vitalik Buterin moved Ethereum to the stock market again. According to on-chain data provider Etherscan, Vitalik Buterin 25 September 05.00 CEST around 640 thousand dollars worth 400 ETH cryptocurrency exchange to Coinbase transferred.
After the transfer in question, in the wallet marked “VB2” 2 million 791 thousand dollars worth 1,773 ETH It was seen that he remained. Vitalik Buterin transferred the wallet to the cryptocurrency exchange Kraken about 5 days ago. $490,000 worth 300 ETH he had sent.
Although Vitalik Buterin, who has recently come to the fore by sending Ethereum to the stock exchanges, has not made a statement about the transfer transaction, the purpose of such transactions is generally make a sale is happening. According to on-chain data, Vitalik Buterin, to Kraken sent by 200 of 300 ETH by selling to USDC Coin (USDC) He had translated it.
It came to mind that Vitalik Buterin might be investing in a project or working on a new project, as well as using the Ethers sent to the exchanges for sales purposes. On the other hand, it is thought that he may also be financing a project.
Founder from another wallet August to cryptocurrency exchange Coinbase at the beginning of 1 million dollars worth 600 ETH He had transferred. During the 1-month period following Buterin’s transfer to Kraken in May, approximately 20% decrease had been seen. But recent transfers have not yet had a similar impact on the price.