A transfer of 400 ETH, valued at around $600,000, from a wallet associated with Ethereum co-founder Vitalik Buterin has been detected. The funds were sent to Coinbase.
Blockchain analysts in Sept 2023 have brought attention to several Ether transactions. These transactions originated from a wallet connected to Vitalik Buterin, one of the co-founders of Ethereum. The total value of these transactions exceeds $3.9 million.
Distinct blockchain monitoring profiles have recently provided valuable information regarding a significant transaction. On Sept 25, an impressive transfer of 400 Ethereum, equivalent to approximately $632,000, was made from Vitalik’s wallet to Coinbase.
As per Spot On Chain, the latest transaction by Buterin signifies the most recent occurrence in a series of ETH deposits made to centralized exchanges within the past ten days. According to calculations from the blockchain analytics platform, Buterin has deposited an estimated 2,421 ETH (equivalent to $3.94 million) since Sept 15.
Vitalik Buterin’s ETH Transactions: September Highlights
According to reports, between Sept 15 and Sept 19, the platform disclosed deposits of 321 Ethereum made to Kraken. Additionally, between Sept 17 and Sept 20, Buterin purportedly conducted a series of transactions in which 1,700 ETH was deposited into Bitstamp. Moreover, on Sept 19 alone, Buterin added another 500 Ethereum into Paxos.
Numerous of these transactions have been independently confirmed through access to Nansen 2 beta’s wallet profiler. Additionally, blockchain data indicates a transfer of 2,000 Ethereum (equivalent to $4.9 million) to the address responsible for these transactions. This transfer originated from another wallet with historical links to the Ethereum co-founder.
According to Spot On Chain, the origin of the 2,000 ETH transaction can be traced to an address (0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7) associated with Buterin that is more widely recognized than the intermediary address (0x5567A4bE2D5b77F5Fd870f99Ed9167Feab8831B1) responsible for moving funds to exchanges.
On Aug 21, a transaction worth $1 million (600 ETH) was recorded from the Vitalik.eth address. This notable transaction has also been identified by on-chain monitoring platforms.
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