Ethereum

Safe

Tornado Cash

Tornado

Gnosis

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<a href="https://u.today/vitalik-buterin-admires-elon-musks-x-initiative-heres-musks-reaction" rel="noopener noreferrer nofollow">Vitalik Buterin</a> has been spotted making a substantial transfer, and some investors assumed that he is making a strategic move or selling some of his holdings. However, that is not the case <a href="https://x.com/WuBlockchain/status/1809572620700119231" rel="noopener noreferrer nofollow">here</a>.
According to the transfer details, 99.9 ETH was sent to the contract address starting with 0x82 for the Gnosis Safe Proxy. This contract is known for requiring multiple signatures in order to complete a transaction.
Well-known for encouraging <a href="https://u.today/etf-heavyweight-franklin-templeton-unveils-bullish-report-on-ethereum" rel="noopener noreferrer nofollow">Ethereum</a> adoption and lending support to projects that share Ethereum's decentralized philosophy is the 2077 Collective, Buterin continues to demonstrate his dedication to the development of the Ethereum community by contributing to this collective.
Given that <a href="https://u.today/vitalik-buterin-spills-beans-on-these-2-key-innovations" rel="noopener noreferrer nofollow">Buterin</a> is well-known for his charitable endeavors and backing of initiatives that improve the Ethereum ecosystem, this move is not surprising. Community-driven initiatives are encouraged to receive more support and involvement as a result of the transparency of blockchain transactions, which makes these contributions visible to the community.
Vitalik Buterin rarely sells substantial amounts of funds in the open like that, so the majority of transactions from this address are related to charitable giving, regular redistribution or some other types of operations.
He quite often uses tools like Gnosis Safe, Tornado Cash and other services that somewhat remove traces in the blockchain space, enabling privacy, yet preserving some level of transparency. The last major sale spotted on Buterin's address goes back to the first quarter of 2024, when Ethereum was trading at around $3,500.

Vitalik Buterin Makes Massive $300,000 Transfer

U_Today

Outros artigos publicados em 7 de jul. de 2024

Top 3 AI Cryptocurrencies To Watch In The First Week Of July

BlockDAG Chases $5M Daily Dream in Presale, While MKR Soars & VeChain Pioneers Sustainability

$171 Million in Shorts Liquidated as Bitcoin Bounces Back

Tron Increases Its Influence in the Blockchain Ecosystem

PEPE Holders Continue To Take Profits In Uncertain Market, MATIC Drops Out Of Top 20 As Analysts ...

Fund Manager Warns Bitcoin (BTC) and Ethereum (ETH) Could Crash Like in 2021, But RCO Finance Cou...

Join our free newsletter for daily crypto updates!