CandleFocus Vitalik Buterin Exits Ethereum Amid Price Pump, Again
2024-09-19
Author: Content Editor
Ethereum co-founder Vitalik Buterin's wallet, identified as "0xD04d," has made a large transfer of 1,300 ETH, valued at approximately $3.17 million, to another wallet. This transfer is similar to a previous one where 1,000 ETH, worth around $2.45 million, were transferred. The wallet has a history of receiving large amounts of Ethereum, including 70,000 ETH worth $171.5 million. These selling moves by Buterin-related wallets during periods of ETH price increases have sparked controversy within the Ethereum community. While Buterin promotes Ethereum's future on social media, he is allegedly dumping millions of dollars worth of the altcoin. The endgame for Buterin remains unclear.
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