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

US Treasury Targets BitBank in Sanctions Evasion Crackdown

The US Treasury has sanctioned BitBank, an Iranian exchange involved in facilitating Bitcoin payments for shipping companies in the Strait of Hormuz.

user avatarLi Weicheng

Solana Reclaims 105 Price Level After Market Dip

Solana's price recently fell to 96 after a marketwide dip but has since rallied to reclaim the 105 mark, experiencing a 56% increase in the last 24 hours.

user avatarAisha Farooq

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

HTX Research Unveils Insights on Stock-Linked Memecoins

HTX Research has released a report on stock-linked memecoins, analyzing their market structure and growth potential.

user avatarMohamed Farouk

BAI Builds Closed-Loop Infrastructure for the Agent Economy

BAI is building a closed financial loop for the agent economy, integrating models and agents to facilitate seamless transactions.

user avatarDiego Alvarez

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.