Ethereum co-founder Vitalik Buterin recently transferred 400 ETH (~$1.05 million) to the crypto mixer Railgun, sparking interest and discussion within the community.
Details of the Transfer
According to data from Arkham, Vitalik Buterin moved 400 ETH to a new address starting with 0x1810. The next day, he transferred one ETH to the same address and 0.998 ETH to the Railgun mixer. This isn't Buterin's first interaction with Railgun, as he has transferred 662 ETH (~$2 million) to the platform over the past 10 months. He previously stated that Railgun effectively protects user privacy.
Community Reaction
The crypto community is closely monitoring Vitalik Buterin's moves, particularly after his recent transfer of $500K in ETH to an unknown address. Over the past week, ETH price has risen by 2%, despite Bitcoin's decline. At press time, ETH is trading at an average price of $2,619, with a 24-hour trading volume up by 45% to $10.2 billion.
New Domain Registered by Vitalik Buterin
Vitalik Buterin has also registered a new domain 'dacc.eth' through the Ethereum Name Service for 0.187 ETH (~$500). This domain is linked to his concept of 'defensive accelerationism' (d/acc), introduced in a 2023 blog post. Buterin will discuss d/acc in an X Spaces event on August 22, drawing interest from investors.
Vitalik Buterin's transfer to Railgun has drawn attention from the crypto community, highlighting his commitment to privacy protection. The registration of a new domain also points to his ongoing activity and innovative ideas in the industry.
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