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Co-founder of Ethereum (<a href="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>) Vitalik Buterin transferred USD Coin (USDC) worth $14.9 million to the Gemini exchange, according to PeckShield.
Blockchain detectives discovered a new transaction from a wallet associated with Buterin. According to PeckShield, a wallet called vitalik.eth withdrew 14.93 million USDC to the Gemini crypto exchange on October 16.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> <a href="https://twitter.com/hashtag/vitalik?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#vitalik</a>.eth haas transferred ~15M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDC</a> (Multisig Contract 0xf207…D5a3) to <a href="https://twitter.com/hashtag/Gemini?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Gemini</a> <a href="https://t.co/6FZGKLKg9Z" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/6FZGKLKg9Z</a>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1714096392296341956?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 17, 2023</a>
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Transactions are also shown in <a href="https://etherscan.io/tx/0xc5f542a506320f71eed57917c17dea98b717fbe44771c69ca73a0934e04b3fce" target="_blank" rel="noopener noreferrer nofollow">Etherscan</a>.
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 <img loading="lazy" width="2186" height="598" src="https://crypto.news/app/uploads/2023/10/Screenshot-2023-10-17-at-12.12.30.png" alt="Vitalik Buterin reportedly transferred 15m USDC to Gemini - 12">
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 Source: <a href="https://etherscan.io/tx/0xc5f542a506320f71eed57917c17dea98b717fbe44771c69ca73a0934e04b3fce" target="_blank" rel="noopener noreferrer nofollow">Etherscan</a>
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It is known that on Oct. 14, Buterin received 14.93 million USDC from Kanro, a charity organization affiliated with him.
A separate analysis by crypto data provider Lookonchain found that Buterin also transferred nearly $500,000 to crypto exchange Coinbase three days earlier.
You might also like: <a href="https://crypto.news/vitalik-buterins-holdings-lost-20m-in-a-week/" rel="noopener noreferrer nofollow"> Vitalik Buterin’s holdings lost $20m in a week </a>
A month earlier, Buterin <a href="https://platform.arkhamintelligence.com/explorer/entity/vitalik-buterin" target="_blank" rel="noopener noreferrer nofollow">sold</a> all his MKR tokens for 353 ETH, worth about $580 thousand. The deal attracted the attention of members of the cryptocurrency community and caused several speculations about the reasons for the sale.
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 <img loading="lazy" width="1272" height="466" src="https://crypto.news/app/uploads/2023/10/Screenshot-2023-10-17-at-12.28.14.png" alt="Vitalik Buterin reportedly transferred 15m USDC to Gemini - 13">
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 Source: <a href="https://platform.arkhamintelligence.com/explorer/entity/vitalik-buterin" target="_blank" rel="noopener noreferrer nofollow">Arkham Intelligence</a>
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Some believe that Buterin’s decision was influenced by the recent statement by MakerDAO founder Rune Christensen about plans to launch his own NewChain blockchain, which could be implemented as a fork of Solana.
Read more: <a href="https://crypto.news/ethereum-co-founder-vitalik-buterin-exits-makerdao-position/" rel="noopener noreferrer nofollow"> Ethereum co-founder Vitalik Buterin exits MakerDAO position </a>

Vitalik Buterin reportedly transferred 15m USDC to Gemini

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