Vitalik Buterin’s Wallet Transfers 400 ETH, Valued at $600,000, to Coinbase
In September 2023, transactions worth over $3.9 million from Ethereum co-founder Vitalik Buterin's wallet have been flagged
Details emerge about a 400 ETH ($632,000) transaction from Vitalik's wallet to Coinbase on Sept. 25
Spot On Chain reveals Buterin's recent transactions: 2,421 ETH ($3.94 million) deposited to centralized exchanges since Sept. 15
Among the exchanges, 321 ETH to Kraken between Sept. 15 and 19, 1,700 ETH to Bitstamp on Sept. 17 and 20, and 500 ETH to Paxos on Sept. 19
Notably, a 2,000 ETH ($4.9 million) transfer was made to the address linked to Buterin's recent transactions
Spot On Chain points out that the source of the 2,000 ETH transaction is a "better-known address" belonging to Buterin than the middle address that has been moving funds to exchanges.