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Vitalik pockets sends 400 ETH price $600K to Coinbase

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A pockets associated to Ethereum co-founder Vitalik Buterin became flagged sending 400 ETH, price round $600,000, to Coinbase.

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Blockchain sleuths collect flagged several Ether (ETH) transactions from a pockets associated to Ethereum co-founder Vitalik Buterin in September 2023, totaling over $3.9 million.

Separate blockchain monitoring profiles shared particulars of a 400 ETH transaction, price an estimated $632,000, from Vitalik’s pockets to Coinbase on Sept. 25.

— Situation On Chain (@spotonchain) September 25, 2023

In accordance to Situation On Chain, Buterin’s most recent transaction is maybe the newest in a spate of ETH deposits to centralized exchanges over the final 10 days. The blockchain analytics platform estimates Buterin has deposited an estimated 2,421 ETH ($3.94 million) from Sept. 15 onwards.

The platform outlined deposits amounting to 321 ETH deposited to Kraken between Sept. 15 and Sept. 19. Buterin also reportedly deposited a total of 1,700 ETH to Bitstamp in different transactions on Sept. 17 and Sept. 20 and deposited 500 ETH to Paxos on Sept. 19.

Cointelegraph has independently verified several of these transactions utilizing collect correct of entry to to Nansen 2 beta’s pockets profiler. Blockchain recordsdata also highlights a transfer of 2,000 ETH ($4.9 million) to the take care of that has been carrying out these transactions from any other pockets long associated to the Ethereum co-founder.

Nansen 2 pockets profiler highlighting a 3,000 ETH transaction between wallets associated to Ethereum co-founder Vitalik Buterin. Source: NansenIn accordance to Situation On Chain, the source of the 2,000 ETH transaction is a “higher-identified take care of” (0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7) belonging to Buterin than the guts take care of (0x5567A4bE2D5b77F5Fd870f99Ed9167Feab8831B1) that has been transferring funds to exchanges.

Cointelegraph beforehand reported a 600 ETH ($1 million) transaction from the vitalik.eth take care of on Aug. 21, which became also identified by on-chain monitoring platforms. 

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