Blockchain analysts have honed in on a significant transaction originating from a wallet associated with Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin.
What Happened: In the transaction, Buterin transferred approximately $14.9 million worth of USD Coin (CRYPTO: USDC) to the popular cryptocurrency exchange Gemini.
According to a post by blockchain analytics firm PeckShield on X, Buterin’s wallet, named “Vitalik.eth,” executed the transfer to Gemini on October 16.
This transaction can be verified on Etherscan. It was discovered that Buterin had initially received the sum of 14.93 million USDC from Kanro, a charity linked to Vitalik, ...