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  A wallet associated with Ethereum co-founder Vitalik Buterin has been flagged sending 400 ETH worth $600,000 to Coinbase. 
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<div class="cointelegraph">
 <p>Blockchain sleuths have flagged a number of ETH transactions from a wallet associated to Ethereum co-founder Vitalik Buterin in September 2023 totalling over $3.9 million.</p>
 <p>Seperate blockchain monitoring profiles shared details of a 400 ETH transaction <a rel="dofollow" title="worth" href="https://thebittimes.com/tag/worth.html">worth</a> an estimated $632,000 from Vitalik’s <a rel="dofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> to Coinbase on Sept. 25.</p>
 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr"> @VitalikButerin deposited 400 $ETH to #Coinbase at $1,579 ($632K) 2hrs ago.<br><br>Notably, Ethereum’s co-founder has deposited a total of 2,421 $ETH to multiple CEXs at 1,628 on average ($3.94M) via two addresses over the past 10 days.<br><br> More details: https://t.co/tiJwn0omkk… https://t.co/C3BqRmsUau pic.twitter.com/8v1jmadwaM</p>— Spot On Chain (@spotonchain) September 25, 2023
 </blockquote> 
 <p>According to Spot On Chain, Buterin’s most recent transaction is the latest in a spate of ETH deposits to centralized exchanges over the past 10 days. The blockchain analytics platform estimates that Buterin has deposited an estimated 2,421 ETH valued at $3.94 million from Sept. 15 onwards.</p>
 <p>The platform outlined deposits amounting to 321 ETH <a rel="dofollow" title="worth" href="https://thebittimes.com/tag/worth.html">worth</a> $527,000 deposited to Kraken between Sept. 15 and Sept. 19.&nbsp;Buterin also reportedly deposited a total of 1,700 ETH ($1.95 million) to Bitstamp in a number of transactions on Sept. 17 and Sept. 20, while 500 ETH was deposited to Paxos on Sept. 19.</p>
 <p>Cointelegraph has independently verified a number of these transactions using exclusive access to Nansen 2 beta’s <a rel="dofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> profiler. Blockchain data also highlights a transfer of 2,000 ETH <a rel="dofollow" title="worth" href="https://thebittimes.com/tag/worth.html">worth</a> $4.9 million to the address that has been carrying out these transactions from another <a rel="dofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> long associated with the Ethereum co-founder.</p>
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  <img src="https://cdn.thebittimes.com/images/2023/09/25/72fe2b8b55775c12ca2b4055e68d6080.webp">
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   Nansen 2 wallet profiler highlighting a 3000 ETH transaction between wallets associated with Ethereum co-founder Vitalik Buterin.
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 <p>According to Spot On Chain, the source of the 2,000 ETH transaction is a “better-known address” (0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7) belonging to Buterin than the middle address (0x5567A4bE2D5b77F5Fd870f99Ed9167Feab8831B1) that has been transferring funds to exchanges.</p>
 <p>Cointelegraph previously reported a $1 million, 600 ETH transaction from the vitalik.eth address on Aug. 21 that was also identified by on-chain monitoring platforms.&nbsp;</p>
 <p><em>Magazine:&nbsp;Recursive inscriptions: Bitcoin ‘supercomputer’ and BTC DeFi coming soon</em></p>
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/vitalik-wallet-sends-400-eth-worth-600k-to-coinbase-tbt63872.html">https://thebittimes.com/vitalik-wallet-sends-400-eth-worth-600k-to-coinbase-tbt63872.html</a></p>

Vitalik wallet sends 400 ETH worth $600K to Coinbase

TheBitTimes

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