Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase

The move comes as ether, the second largest cryptocurrency by market capitalization suffered a 10% decline over the last seven days, amid a broad market downturn which saw traders witness $1 billion inOn

Sunday, Buterin repaid 250,000 RAI and withdrew $1.6 million worth of ether, according to on-chain tracker,It is not clear why the Ethereum co-founder transferred the ether to centralized exchange Coinbase.

Source: Digital Coin News (digitalcoinnews.net)

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