• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Vitalik Buterin Transfers 1,300 ETH: Details and Implications

user avatar

by Giorgi Kostiuk

a year ago


  1. Vitalik Buterin's Recent Transfer
  2. Onchain Information
  3. Buterin's Sales and Donations

  4. Recently, the name of Vitalik Buterin, co-founder of Ethereum, has frequently appeared in the news due to his ETH sales. This week, another significant event occurred in his activities.

    Vitalik Buterin's Recent Transfer

    The wallet address starting with 0xD04d, thought to belong to Buterin, recently sent 1,300 ETH to the wallet address starting with 0x5567. The dollar equivalent of this amount was $3.17 million. Afterwards, wallet address 0x5567 deposited 74.17 of these assets, or $181,000, to Paxos.

    Onchain Information

    The first wallet, believed to belong to Vitalik Buterin, had not transferred any assets for 348 days. According to Onchain data, Buterin has $607 million in assets at the time of writing, almost all of which are in his wallet as ETH.

    Buterin's Sales and Donations

    Vitalik Buterin sells all the gift altcoins sent to him and states that he donated them. However, Buterin also states that he has not sold ETH for personal purposes for a long time, and that all sales and transfers made from his addresses are either donations or investments in projects he considers promising.

    Vitalik Buterin's activity in the cryptocurrency markets draws the community's interest. Nevertheless, all such movements should be observed carefully, as they can have wide-reaching implications for the market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Potential Changes in Bitcoin Derivatives Markets Following CLARITY Act

chest

Market expert MartyParty highlights that the CLARITY Act could lead to significant changes in Bitcoin derivatives markets, enhancing CFTC authority and encouraging institutional participation.

user avatarZainab Kamara

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

chest

Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.

user avatarAyman Ben Youssef

Blockchain Association Unveils New Tax Principles for Digital Assets

chest

The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.

user avatarSon Min-ho

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

chest

The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.

user avatarTando Nkube

Castle Labs Warns of Overbuilt Crypto Market

chest

Castle Labs warns that the cryptocurrency market is overbuilt, with most tokens likely to lose value unless they demonstrate real business traction.

user avatarKofi Adjeman

Bitcoin Mining Difficulty Rebounds, Indicating Network Resilience

chest

Bitcoin mining difficulty has rebounded after a brief dip, indicating renewed miner participation and confidence in Bitcoin's long-term viability.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.