Vitalik Buterin's Cryptocurrency Transfers Spark Crypto Community Speculation

Adekunle Joshua

In recent months, Ethereum co-founder Vitalik Buterin has been engaged in substantial movements of both ETH and stablecoins to and from centralized exchanges.

Notably, Buterin recently conducted a transfer of $14.93 million in USDC to the Gemini exchange, adding to a series of significant transactions from his wallets.

This ongoing activity in Buterin's wallet has sparked speculation within the crypto community.

Interestingly, these transfers align with a surge in Bitcoin's price, while Ethereum's value has remained relatively stable.