Vitalik Buterin Exits Ethereum Amid Price Pump, Again

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Vitalik Buterin Exits Ethereum Amid Price Pump, Again
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Ethereum сreator Vitalik Buterin allegedly unloads 1,000 ETH, despite price pump of major alternative cryptocurrency

cofounder Vitalik Buterin, has once again made a large Ethereum transfer. And once again, this transfer looks like a cashout by the visionary behind the major altcoin. The wallet identified as"0xD04d" transferred 1,300 ETH, valued at approximately $3.17 million, to wallet"0x5567" just an hour ago. Following the transfer, the recipient wallet deposited 74.17 ETH, worth $181,000, into Paxos.

This movement is reminiscent of a previous transaction, where 1,000 ETH, worth approximately $2.45 million, were transferred from wallet"0xD04d" to wallet"0x5567" 348 days ago. On that occasion, the 1,000 ETH were later deposited to Bitstamp, an old major crypto exchange.Wallet"0xD04d" has a history of receiving large amounts of Ethereum. It is reported that 70,000 ETH, worth $171.

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