Ethereum co-founder Vitalik Buterin sends $15M of USDC to Gemini

Blockchain sleuths person zeroed successful connected a caller transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, wherever helium transferred $14.9 cardinal worthy of USD Coin (USDC) to the cryptocurrency speech Gemini.

According to an Oct. 17 station from blockchain analytics steadfast PeckShield connected X, Buterin’s wallet “Vitalik.eth” transferred $14.93 cardinal to Gemini connected Oct. 16.

The transaction was independently verified by Cointelegraph connected Etherscan.

#PeckShieldAlert #vitalik.eth haas transferred ~15M $USDC (Multisig Contract 0xf207...D5a3) to #Gemini pic.twitter.com/6FZGKLKg9Z

— PeckShieldAlert (@PeckShieldAlert) October 17, 2023

Vitalik received the archetypal sum of 14.93 cardinal USDC from Kanro, a foundation affiliated with Vitalik connected Oct. 14.

Separate investigation from crypto information supplier Lookonchain recovered that Buterin had besides precocious transferred astir $500,000 to Coinbase 3 days prior.

— Lookonchain (@lookonchain) October 17, 2023

The terms of Ethereum’s autochthonal currency Ether (ETH) held dependable pursuing quality of the transfer, falling conscionable 0.68% successful the past 4 hours, according to terms information from Coingecko.

The terms of Ether (ETH) held level pursuing the quality of the transfer. Source: CoinGecko

Related: Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH terms reverse course?

Buterin’s astir caller transaction is the latest successful a spate of ETH deposits to centralized exchanges implicit the past fewer months, with the full transfers from Buterin’s wallets totalling much than $3.9 cardinal successful September.

On Sept. 24, Buterin transferred 400 ETH — worthy $600,000 astatine the clip — to Coinbase. Cointelegraph previously reported a 600 ETH ($1 million) transaction from the vitalik.eth code connected Aug. 21, which was besides identified by on-chain monitoring platforms.

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