{"id":15971,"date":"2024-08-09T14:20:11","date_gmt":"2024-08-09T11:20:11","guid":{"rendered":"https:\/\/forklog.com\/en\/vitalik-buterins-address-transfers-8-million-in-ethereum\/"},"modified":"2024-08-09T14:20:11","modified_gmt":"2024-08-09T11:20:11","slug":"vitalik-buterins-address-transfers-8-million-in-ethereum","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vitalik-buterins-address-transfers-8-million-in-ethereum\/","title":{"rendered":"Vitalik Buterin&#8217;s Address Transfers $8 Million in Ethereum"},"content":{"rendered":"<p>On August 9, an address associated with Ethereum co-founder Vitalik Buterin, known as vitalik.eth, moved 3,000 ETH (approximately $7.9 million), as reported by Lookonchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">vitalik.eth transferred 3,000 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($8.05M) to a multi-sig safe wallet 20 mins ago, possibly as a donation.<a href=\"https:\/\/t.co\/pw8ekIYSs1\">https:\/\/t.co\/pw8ekIYSs1<\/a><a href=\"https:\/\/t.co\/DW4Nhmbb6Z\">https:\/\/t.co\/DW4Nhmbb6Z<\/a> <a href=\"https:\/\/t.co\/7Y4Dx12cDP\">pic.twitter.com\/7Y4Dx12cDP<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1821713599624265841?ref_src=twsrc%5Etfw\">August 9, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The developer sent the funds to a multi-signature wallet. These assets were received on August 5 from another address affiliated with him, Vb 3.<\/p>\n<p>Analysts speculated that the 3,000 ETH might be intended for charity. In October 2023, Buterin stated that any transfers from his wallet are &#8220;almost always some kind of donation.&#8221;\u00a0<\/p>\n<p>At the time of writing, the vitalik.eth address <a href=\"https:\/\/etherscan.io\/address\/0xd8da6bf26964af9d7eed9e03e53415d37aa96045\">holds<\/a> Ethereum worth approximately $529,000. The value of other assets at the address exceeds $496,000.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXc-9slMvkAGTovBi-ZKcgwi57-bAXT9kw5h3WO2NDPeUlyM5jXZWjGMKODaIYm6011OGhkTf3jHGm2PhJJfIaoD5xq_6zj6CNR7U1fGG51Uzxbc_3pNkr17ipXHWlBfuMpTRrZ-q--GTIU9C7tU8mtE5-w?key=j_nbbaB49wQD2LV1bbCbxQ\" alt=\"Vitalik Buterin's Address Transfers $8 Million in Ethereum\"\/><figcaption class=\"wp-element-caption\">Data: Etherscan.\u00a0<\/figcaption><\/figure>\n<p>Previously, the Ethereum co-founder deposited 600 ETH, valued at about $1 million at the time, to the cryptocurrency exchange Coinbase. A day before the transfer, Buterin closed a position of 251,000 RAI on the MakerDAO platform and withdrew 1,000 ETH (approximately $1.67 million).<\/p>\n<p>In March 2023, he exchanged coins received through airdrops for ETH, amounting to about $700,000, causing the price of some of them to plummet.<\/p>\n<p>In September, Buterin sold MakerDAO tokens worth $580,000 after the project&#8217;s head, Rune Christensen, proposed launching the protocol on Solana.<\/p>\n<p>In August 2024, the developer disposed of 17 billion Neiro, which the project team had sent him as part of an airdrop. He earned about $103,000 from the transaction.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On August 9, an address associated with Ethereum co-founder Vitalik Buterin, known as vitalik.eth, moved 3,000 ETH (approximately $7.9 million), as reported by Lookonchain. vitalik.eth transferred 3,000 $ETH($8.05M) to a multi-sig safe wallet 20 mins ago, possibly as a donation.https:\/\/t.co\/pw8ekIYSs1https:\/\/t.co\/DW4Nhmbb6Z pic.twitter.com\/7Y4Dx12cDP \u2014 Lookonchain (@lookonchain) August 9, 2024 The developer sent the funds to a multi-signature [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1227,200,57],"class_list":["post-15971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-vitalik-buterin","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"76","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15971"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15970"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}