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 <p>Co-founder of Ethereum (ETH) Vitalik Buterin <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/transferred.html">transferred</a> USD Coin (USDC) worth $14.9 million to the Gemini exchange, according to PeckShield.</p>
 <p>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.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <blockquote class="twitter-tweet">
    <p>#PeckShieldAlert #vitalik.eth haas <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/transferred.html">transferred</a> ~15M $USDC (Multisig Contract 0xf207…D5a3) to #Gemini pic.twitter.com/6FZGKLKg9Z</p>— PeckShieldAlert (@PeckShieldAlert) October 17, 2023
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 <p>Transactions are also shown in Etherscan.</p>
 <figure class="wp-block-image size-full"><img width="2186" height="598" src="https://cdn.thebittimes.com/images/2023/10/17/12077b92470bb08010295e8253adb70b.webp" alt="Vitalik Buterin reportedly transferred 15m USDC to Gemini - 1">
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   Source: Etherscan
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 <p>It is known that on Oct. 14, Buterin received 14.93 million USDC from Kanro, a charity organization affiliated with him.</p>
 <p>A separate <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/analysis.html">Analysis</a> by crypto data provider Lookonchain found that Buterin also <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/transferred.html">transferred</a> nearly $500,000 to crypto exchange Coinbase three days earlier.</p>
 <div class="cn-block-related-link"><span> You might also like: </span> Vitalik Buterin’s holdings lost $20m in a week
 </div>
 <p>A month earlier, Buterin sold 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.</p>
 <figure class="wp-block-image size-full"><img width="1272" height="466" src="https://cdn.thebittimes.com/images/2023/10/17/4f3bc326b2e919269961b3c18b641ff7.webp" alt="Vitalik Buterin reportedly transferred 15m USDC to Gemini - 2">
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   Source: Arkham Intelligence
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 <p>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.</p>
 <div class="cn-block-related-link"><span> Read more: </span> Ethereum co-founder Vitalik Buterin exits MakerDAO position
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/vitalik-buterin-reportedly-transferred-15m-usdc-to-gemini-tbt66673.html">https://thebittimes.com/vitalik-buterin-reportedly-transferred-15m-usdc-to-gemini-tbt66673.html</a></p>

Vitalik Buterin reportedly transferred 15m USDC to Gemini

TheBitTimes

Other articles published on Oct 17, 2023

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