[New post] Ethereum co-founder Vitalik Buterin sends 15M USDC to Gemini

admin posted: "Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cryptocurrency exchange Gemini.According to an Oct. 17 post fro" Crypto Timeless Ethereum co-founder Vitalik Buterin sends 15M USDC to Gemini admin Oct 17 Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cryptocurrency exchange Gemini. According to an Oct. 17 post from blockchain analytics firm PeckShield on X, Buterin's wallet "Vitalik.eth" transferred $14.93 million to Gemini on Oct. 16. The transaction was independently verified by Cointelegraph on Etherscan. #PeckShieldAlert #vitalik.eth haas transferred ~15M $USDC (Multisig Contract 0xf207...D5a3) to #Gemini pic.twitter.com/6FZGKLKg9Z — PeckShieldAlert (@PeckShieldAlert) October 17, 2023 Vitalik received the original sum of 14.93 million USDC from Kanro, a charity affiliated with Vitalik on Oct. 14. Separate analysis from crypto data provider Lookonchain found that Buterin had also recently transferred nearly $500,000 to Coinbase three days prior. vitalik.eth received 14.93M $USDC from #Kanro 4 days ago and then deposited it into #Gemini yesterday before the first surge of $BTC.#Vitalik also deposited 500K $USDC into #Coinbase 2 days ago. What did he do with the $USDC?https://t.co/o3u5JjjapUhttps://t.co/Z69WG0xuNP pic.twitter.com/dwTt7tzHp8 — Lookonchain (@lookonchain) October 17, 2023 The price of Ethereum's native currency Ether (ETH) held steady following news of the transfer, falling just 0.68% in the past four hours, according to price data from Coingecko. The price of Ether (ETH) held flat following the news of the transfer. Source: CoinGecko Related: Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course? Buterin's most recent transaction is the latest in a spate of ETH deposits to centralized exchanges over the past few months, with the total transfers from Buterin's wallets totalling more than $3.9 million in September. On Sept. 24, Buterin transferred 400 ETH — worth $600,000 at the time — to Coinbase. Cointelegraph previously reported a 600 ETH ($1 million) transaction from the vitalik.eth address on Aug. 21, which was also identified by on-chain monitoring platforms. Magazine: Are DAOs overhyped and unworkable? Lessons from the front lines Comment Unsubscribe to no longer receive posts from Crypto Timeless. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://cryptotimeless.com/2023/10/17/ethereum-co-founder-vitalik-buterin-sends-15m-usdc-to-gemini/

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