Wallet Connected to Ethereum Co-Founder Moves $3.17M

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Significant $ETH Transfer
  2. Previous Transactions
  3. Possible Reasons for Transfer


    4. A wallet associated with Ethereum co-founder Vitalik Buterin has recently made a significant transfer. Lookonchain provided details of this transaction.

    Significant $ETH Transfer

    According to Lookonchain, the wallet transferred 1300 $ETH valued at $3.17M to the address '0x5567'. This transaction occurred just one hour ago.

    Previous Transactions

    Lookonchain noted that 348 days ago a similar transfer took place between these addresses. At that time, the wallet '0xD04d' sent 1000 $ETH (then valued at $2.45M) to the same address '0x5567'. Subsequently, the recipient transferred those tokens to the Bitstamp exchange.

    Possible Reasons for Transfer

    The pattern of significant $ETH transactions between these wallets might indicate routine portfolio management or liquidity activities. However, the exact reasons remain unknown. This event adds to the growing list of substantial asset movements between these addresses.

    While the exact reason for the transfer remains unclear, this transaction continues the trend of significant $ETH movements between the specified wallets.

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

Binance Announces Gradual Withdrawal Restart for Additional Tokens

On November 3, Binance announced a phased reopening of withdrawal routes for various tokens and networks following a security incident, allowing customers to progressively access their assets.

user avatarNguyen Van Long

Rising Oil Prices Complicate Bitcoin's Recovery

Geopolitical developments and rising oil prices add to the uncertainty surrounding Bitcoin's market performance.

user avatarRajesh Kumar

Suspected Cryptocurrency Theft Exceeds $133 Million

A suspected theft of cryptocurrency has escalated to over $133 million, prompting responses from multiple exchanges.

user avatarSatoshi Nakamura

NEAR Token Price Declines Despite Proposal Approval

NEAR Protocol's native cryptocurrency NEAR experienced a price drop on Tuesday, even after a proposal aimed at reducing long-term token dilution was approved.

user avatarJesper Sørensen

Apple's Margin Warning Adds Pressure to Crypto Markets

Apple's outlook raises concerns about rising operating costs, impacting investor sentiment in the technology sector and cryptocurrency markets.

user avatarLucas Weissmann

Investigation Reveals Hacker Controls Millions in Altcoins

Investigation reveals that a hacker controls significant holdings in various altcoins, posing a risk of market impact.

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.