Ethereum

Ethereum co-founder Vitalik Buterin has made significant <a href="https://optimisus.com/news/crypto-news/bitcoin-and-ethereum-brace-for-volatility-as-1-6-billion-in-options-expire/" rel="noopener noreferrer nofollow">ETH transfers</a>, causing speculation in the crypto community. The wallet &#34;0xD04daa&#34; transferred 1,300 ETH, valued at around $3.17 million, to an external address labeled &#34;0x5567A,&#34; which was triggered by the 6.3% increase in Ethereum&#39;s price.The move has sparked speculation about potential profit-taking motives. Shortly after receiving the funds, the wallet &#34;0x5567A&#34; transferred 74.17 ETH, valued at approximately $181,000, to Paxos, a well-known crypto brokerage.This is not the first transaction between the two wallets. Almost a year ago, the wallet sent 1,000 ETH, worth $2.45 million, to the same address, which was later deposited into Bitstamp. This interaction is part of a broader history between these wallets.The wallet has strong historical connections to <a href="https://optimisus.com/news/crypto-news/ethereum-co-founder-vitalik-buterin-clarifies-recent-eth-sales/" rel="noopener noreferrer nofollow">Ethereum</a> wallets &#34;Vb 2&#34; and &#34;Vb 3,&#34; both widely recognized as being associated with Buterin. In May 2022, &#34;Vb 2&#34; sent 1 ETH to &#34;0xD04daa,&#34; which was promptly returned.Since then, no further interactions have been observed between them. In November, &#34;Vb 3&#34; transferred 70,000 ETH, valued at $171.5 million at the time, to the &#34;0xD04daa&#34; wallet.Buterin has acknowledged the transfers and offered some clarity, explaining that a portion of token sales is intended for charitable donations rather than personal financial gain.

A wallet associated with Ethereum co-founder Vitalik Buterin moves $3,170,000 in Ethereum (ETH)

Optimisus

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