Ethereum

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Blockchain analysts have discovered several transactions worth millions of dollars from a wallet associated with an Ethereum co-founder, Vitalik Buterin.
A total of 400 ether (<a href="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>) worth about $632,000 was transferred from Buterin’s wallet to the Coinbase cryptocurrency exchange in the early hours on Sept. 25. Over the past ten days, Vitalik’s wallet has systematically transferred ethers to multiple centralized exchanges. A total of 2,421 ETH worth almost $4 million have been deposited on Coinbase since Sept. 15.
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 🚨 <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@VitalikButerin</a> deposited 400 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Coinbase</a> at $1,579 ($632K) 2hrs ago. Notably, Ethereum’s co-founder has deposited a total of 2,421 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> to multiple CEXs at 1,628 on average ($3.94M) via two addresses over the past 10 days. 👉 More details: <a href="https://t.co/tiJwn0omkk" target="_blank" rel="noopener noreferrer nofollow">https://t.co/tiJwn0omkk</a>… <a href="https://t.co/C3BqRmsUau" target="_blank" rel="noopener noreferrer nofollow">https://t.co/C3BqRmsUau</a> <a href="https://t.co/8v1jmadwaM" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/8v1jmadwaM</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1706156605874872403?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 25, 2023</a>
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According to an on-chain data platform, <a href="https://platform.spotonchain.ai/signal-details/vitalik-buterin-deposited-eth-to-coinbase-609" target="_blank" rel="noopener noreferrer nofollow">Spot On Chain</a>, the source of the 2000 ETH transaction is the address (0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7) that belongs to Buterin. The platform lists 321 ETH deposited on the Kraken exchange between Sept. 15 and Sept. 19.
Buterin also reportedly deposited a total of 1,700 ETH on Bitstamp in multiple transactions on Sept. 17 and 20, and deposited 500 ETH on Paxos on Sept. 19.
On Aug. 21, wallet 0xd8d, labeled by the&nbsp;Ethereum Name Service&nbsp;(ENS)&nbsp;as Vitalik.ETH, <a href="https://crypto.news/ethereum-co-founder-buterin-moved-600-eth-to-coinbase/" rel="noopener noreferrer nofollow">was seen moving</a> 600 ETH worth $1.01 million to a Coinbase address.
You might also like: <a href="https://crypto.news/ethereum-co-founder-vitalik-buterin-calls-for-privacy-and-decentralization/" rel="noopener noreferrer nofollow"> Ethereum co-founder Vitalik Buterin calls for privacy and decentralization </a>
<h2 class="wp-block-heading" id="ethereum-price">Ethereum price</h2>
The price of ETH fell during trading on the morning of Sept. 25, according to CoinMarketCap. The leading altcoin lost 1% during the day, hitting a 24-hour low of $1,570. At the time of writing, ETH was trading at $1,566.
September is traditionally considered a bad month for ETH, but the long-term outlook for Ethereum remains optimistic.
You might also like: <a href="https://crypto.news/ethereums-dencun-upgrade-eip-7514-and-its-impact-on-eth-price/" rel="noopener noreferrer nofollow"> Ethereum’s Dencun upgrade: EIP-7514 and its impact on ETH price </a>

Ethereum co-founder Vitalik Buterin sends 400 ETH to Coinbase

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