Ethereum Co-Founder Vitalik Buterin Transfers Significant Sum to Coinbase

Ethereum co-founder Vitalik Buterin has transferred a significant amount of Ethereum (ETH) to Coinbase, stirring speculation in the crypto community. Find out more about this move and its implications.

Posted 8 months ago in Ethereum

Vitalik Buterin, co-founder of Ethereum

Vitalik Buterin, the co-founder of Ethereum, has reportedly transferred a significant sum of Ethereum (ETH) to Coinbase, the leading U.S. exchange.

Blockchain sleuth LookOnChain has uncovered that Buterin deposited 400 ETH, valued at approximately $632,000, to Coinbase. This comes shortly after another substantial transfer of 600 ETH last month.

The cryptocurrency community has been buzzing with speculation about the reasons behind Buterin's large moves. Some wonder if it indicates a potential strategic adjustment or is simply a routine transaction.

Despite the ongoing discussions, the price of Ethereum has remained relatively stable at $1,570, with a trading volume of over $5 billion in the last 24 hours, according to CoinGecko.

Last updated 9/25/2023, 4:48:32 AM


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