🧵 1. Ethereum co-founder Vitalik Buterin's wallet sent 400 ETH worth $600K to Coinbase, part of a series of recent deposits to exchanges. #crypto
🧵 1. Ethereum co-founder Vitalik Buterin's wallet sent 400 ETH worth $600K to Coinbase, part of a series of recent deposits to exchanges. #crypto
🧵 2. Blockchain analytics reveal that Buterin deposited 2,421 ETH ($3.9M) from September 15 onwards, including 321 ETH to Kraken and 1,700 ETH to Bitstamp.
🧵 3. Spot On Chain identifies a transfer of 2,000 ETH ($4.9M) from a well-known address belonging to Buterin. These transactions have caught the attention of blockchain sleuths.
🧵 4. Cointelegraph independently verifies the transactions using Nansen 2 beta's wallet profiler. Buterin's wallet has been actively moving funds to centralized exchanges.
🧵 5. Recent activity suggests Buterin may be liquidating a portion of his holdings, with a total of $3.9 million ETH already deposited. Reasoning behind these transactions remains unclear.
🧵 Read more at: https://cointelegraph.com/news/vitalik-wallet-sends-400-eth-worth-600k-to-coinbase