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<div class="sg-post-des">
 Blockchain sleuths flagged a $14.9 million transfer of USDC coming from a wallet associated with Vitalik Buterin.
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<div class="cointelegraph">
 Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-<a rel="noopener noreferrer nofollow" title="found" href="https://thebittimes.com/tag/found.html">found</a>er Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cryptocurrency exchange Gemini.
 According to an Oct. 17 post from blockchain analytics firm PeckShield on X, Buterin’s wallet “Vitalik.eth” transferred $14.93 million to Gemini on Oct. 16.
 The transaction was independently verified by Cointelegraph on Etherscan.
 <blockquote class="twitter-tweet">
 #PeckShieldAlert #vitalik.eth haas transferred ~15M $USDC (Multisig Contract 0xf207...D5a3) to #Gemini pic.twitter.com/6FZGKLKg9Z— PeckShieldAlert (@PeckShieldAlert) October 17, 2023
 </blockquote>
 Vitalik received the original sum of 14.93 million USDC from Kanro, a charity affiliated with Vitalik on Oct. 14.
 Separate <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> from crypto data provider Lookonchain <a rel="noopener noreferrer nofollow" title="found" href="https://thebittimes.com/tag/found.html">found</a> that Buterin had also recently transferred nearly $500,000 to Coinbase three days prior.
 <blockquote class="twitter-tweet">
 vitalik.eth received 14.93M $USDC from #Kanro 4 days ago and then deposited it into #Gemini yesterday before the first surge of $BTC.#Vitalik also deposited 500K $USDC into #Coinbase 2 days ago. What did he do with the $USDC?https://t.co/o3u5JjjapUhttps://t.co/Z69WG0xuNP pic.twitter.com/dwTt7tzHp8— Lookonchain (@lookonchain) October 17, 2023
 </blockquote>
 The price of Ethereum’s native currency Ether (ETH) held steady following news of the transfer, falling just 0.68% in the past four hours, according to price data from Coingecko.
 <figure><img src="https://cdn.thebittimes.com/images/2023/10/17/4c2bd26ad4140157271547cd6b39ce4f.webp">
 <figcaption style="text-align: center;">The price of Ether (ETH) held flat following the news of the transfer. Source: CoinGecko
 </figcaption>
 </figure>
 Related: Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course?
 Buterin’s most recent transaction is the latest in a spate of ETH deposits to centralized exchanges over the past few months, with the total transfers from Buterin’s wallets totalling more than $3.9 million in September.
 On Sept. 24, Buterin transferred 400 ETH — worth $600,000 at the time — to Coinbase. Cointelegraph previously reported a 600 ETH ($1 million) transaction from the vitalik.eth address on Aug. 21, which was also identified by on-chain monitoring platforms.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ethereum-co-founder-vitalik-buterin-sends-15m-of-usdc-to-gemini-tbt66639.html">https://thebittimes.com/ethereum-co-founder-vitalik-buterin-sends-15m-of-usdc-to-gemini-tbt66639.html</a>

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

TheBitTimes

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