Vitalik wallet sends 400 ETH worth $600K to Coinbase

Blockchain sleuths person flagged a fig of ETH transactions from a wallet associated to Ethereum co-founder Vitalik Buterin successful September 2023 totalling implicit $3.9 million.

Seperate blockchain monitoring profiles shared details of a 400 ETH transaction worthy an estimated $632,000 from Vitalik’s wallet to Coinbase connected Sept. 25.

— Spot On Chain (@spotonchain) September 25, 2023

According to Spot On Chain, Buterin’s astir caller transaction is the latest successful a spate of ETH deposits to centralized exchanges implicit the past 10 days. The blockchain analytics level estimates that Buterin has deposited an estimated 2,421 ETH valued astatine $3.94 cardinal from Sept. 15 onwards.

The level outlined deposits amounting to 321 ETH worthy $527,000 deposited to Kraken betwixt Sept. 15 and Sept. 19. Buterin besides reportedly deposited a full of 1,700 ETH ($1.95 million) to Bitstamp successful a fig of transactions connected Sept. 17 and Sept. 20, portion 500 ETH was deposited to Paxos connected Sept. 19.

Cointelegraph has independently verified a fig of these transactions utilizing exclusive entree to Nansen 2 beta’s wallet profiler. Blockchain information besides highlights a transportation of 2,000 ETH worthy $4.9 cardinal to the code that has been carrying retired these transactions from different wallet agelong associated with the Ethereum co-founder.

Nansen 2 wallet profiler highlighting a 3000 ETH transaction betwixt wallets associated with Ethereum co-founder Vitalik Buterin.

According to Spot On Chain, the root of the 2,000 ETH transaction is simply a “better-known address” (0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7) belonging to Buterin than the mediate code (0x5567A4bE2D5b77F5Fd870f99Ed9167Feab8831B1) that has been transferring funds to exchanges.

Cointelegraph antecedently reported a $1 million, 600 ETH transaction from the vitalik.eth code connected Aug. 21 that was besides identified by on-chain monitoring platforms. 

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