Vitalik Buterin Transfers 1,300 ETH: Details and Implications

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

21Shares Announces Staking Distributions for Five Crypto ETFs

21Shares has announced staking distributions for five crypto ETFs, converting on-chain validation rewards into cash payouts for investors.

user avatarNguyen Van Long

Soluna and Bitdeer Expand Bitcoin Mining Partnership

Soluna and Bitdeer are increasing their Bitcoin mining capacity at Project Kati 1 in South Texas, adding approximately 7 MW of mining equipment to reach a total of 35 MW, with completion expected in November 2023.

user avatarSatoshi Nakamura

Microsoft Stock Surpasses 500 Mark Amid Analyst Buy Ratings

Microsoft's stock has climbed above the 500 level, opening at 509 during Tuesday's trading session. Analysts have given MSFT a buy rating, with predictions suggesting it could reach above 600.

user avatarJesper Sørensen

Oracle Integrates with Swift's Blockchain for Enhanced Banking Payments

Oracle announced a significant integration with Swift's blockchain ledger to facilitate tokenized deposit payments for banks.

user avatarRajesh Kumar

TRON DAO Rings Closing Bell at Cboe for TRXS Listing

TRON DAO rings the closing bell at Cboe Global Markets to celebrate the listing of TRXS, an exchange-traded product linked to TRX.

user avatarLucas Weissmann

MEXC Launches 'WE SEE YOU' Campaign to Highlight Individual Traders

MEXC has launched a new brand identity focused on the philosophy 'WE SEE YOU', emphasizing the importance of individual traders behind accounts.

user avatarFilippo Romano

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.