Gemini

Ethereum

Million

USDC

Coin

<ul class="news-points"> 
 <li><strong>Four days ago, Vitalik Buterin received nearly 15 million USDC tokens from an address labeled Kanro.</strong></li> 
 <li><strong>Two days ago, Buterin deposited 500,000 USDC into Coinbase.</strong></li> 
 <li><strong>Buterin’s recent USDC deposit into Gemini coincided with a surge in Bitcoin’s price.</strong></li> 
</ul> 
<p>A series of stablecoin transactions linked to Ethereum Co-Founder Vitalik Buterin has sparked curiosity and speculation within the crypto community.</p> 
<p>According to on-chain analyst Lookonchain, Buterin received nearly 15 million USDC tokens from an address labeled Kanro four days ago. The funds were then deposited into the Gemini exchange yesterday, just prior to a surge in Bitcoin’s price.</p> 
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   <p lang="en" dir="ltr">vitalik.eth received 14.93M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDC</a> from <a href="https://twitter.com/hashtag/Kanro?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Kanro</a> 4 days ago and then deposited it into <a href="https://twitter.com/hashtag/Gemini?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Gemini</a> yesterday before the first surge of <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a>.<a href="https://twitter.com/hashtag/Vitalik?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Vitalik</a> also deposited 500K <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDC</a> into <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Coinbase</a> 2 days ago.<br><br>What did he do with the <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDC</a>?<a href="https://t.co/o3u5JjjapU" target="_blank" rel="nofollow">https://t.co/o3u5JjjapU</a><a href="https://t.co/Z69WG0xuNP" target="_blank" rel="nofollow">https://t.co/Z69WG0xuNP</a> <a href="https://t.co/dwTt7tzHp8" target="_blank" rel="nofollow">pic.twitter.com/dwTt7tzHp8</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1714100288070807777?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 17, 2023</a>
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<p>Lookonchain also noted that Buterin had deposited 500,000 USDC into the crypto exchange Coinbase two days ago. They questioned what Buterin may have done with the stablecoins, given the ti…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/vitalik-buterins-recent-15-million-usdc-move-raises-questions/">Vitalik Buterin’s Recent 15 Million USDC Move Raises Questions</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Vitalik Buterin’s Recent 15 Million USDC Move Raises Questions

Coin Edition

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