Ethereum

Spot

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 <li><strong>His regular transfers of ETH have raised questions among the crypto community.</strong></li>
 <li><strong>Buterin’s wallet has sent a total of 3,700 ETH to crypto exchanges since September 17.</strong></li>
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<p><a href="https://thenewscrypto.com/vitalik-buterin-explores-ethereums-layer-2-landscape/" target="_blank" rel="noopener noreferrer nofollow">Vitalik Buterin</a>, co-founder of Ethereum, recently sent 100 ETH to Coinbase, according to the on-chain analytics platform Spot on Chain. Buterin continues sending <a href="https://thenewscrypto.com/can-eth-price-break-above-2000-post-consolidation/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> to Coinbase as this is not the first transfer so far this year.</p>
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 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@VitalikButerin</a> deposited 100 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> ($181K) to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Coinbase</a> ~2hrs ago.<br><br>Notably, since Sep 17, the <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ethereum</a> co-founder has deposited 3,700 ETH ($6.12M, avg price: $1,653) to <a href="https://twitter.com/hashtag/Bitstamp?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitstamp</a>, <a href="https://twitter.com/hashtag/Paxos?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Paxos</a>, and <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Coinbase</a>.<br><br>Note that on Oct 17, Vitalik Buterin confirmed not having sold any <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>… <a href="https://t.co/6AT5fcoy7H" rel="noopener noreferrer nofollow">https://t.co/6AT5fcoy7H</a> <a href="https://t.co/joXJNPAj7Y" rel="noopener noreferrer nofollow">pic.twitter.com/joXJNPAj7Y</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1719586689570816253?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 1, 2023</a>
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<p>In addition to Coinbase, he has also been transferring ETH to <a href="https://www.bitstamp.net/" target="_blank" rel="noopener noreferrer nofollow">Bitstamp</a>. At the end of September, he transferred a sizable amount of ETH to <a href="http://coinbase.com" target="_blank" rel="noopener noreferrer nofollow">Coinbase</a>. His regular transfers of ETH has raised questions among the crypto community.</p>
<p>Buterin has been transferring ETH in increments, most recently moving 100 ETH to Coinbase after selling 400 ETH in September. The previously stated source claims that Vitalik sold 100 ETH for $181,000, or $1,810 per coin.</p>
<h3 class="wp-block-heading" id="several-transfers">Several Transfers</h3>
<p>In August this year, Buterin deposited around 600 ETH (worth nearly $1 million) to Coinbase. He sent 1,000 ether to Bitstamp on October 7 and sold it for almost $1.64 million.</p>
<p>According to information provided by lookonchain, Buterin’s wallet sent a total of 3,700 ETH to crypto exchanges since September 17. The value of this quantity of ETH is about $6.12 million at an average price of $1653.</p>
<p>The price of Ethereum, the second biggest cryptocurrency, has not changed much since Buterin’s ETH transaction to Coinbase today and the anticipated sale that followed.</p>
<p>As of this writing, CoinMarketCap shows that one ether can be purchased for $1808, an increase of 0.59% in the previous 24 hours. However, volume has dropped by 13.20%. After running into significant resistance near the $1848 mark, the price has been consolidating in recent days.</p>

Vitalik Buterin’s 100 ETH Transfer to Coinbase Sparks Speculation

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