Vitalik Buterin’s Recent $3.9 Million ETH Transactions

Blockchain sleuths flagged several Ether transactions from a wallet associated with Ethereum co-founder Vitalik Buterin in September 2023, totaling over $3.9 million.

Separate blockchain monitoring profiles disclosed on September 25 the details of a 400 ETH transaction from Vitalik’s wallet to Coinbase, valued at an estimated $632,000.

Spot On Chain reports that Buterin’s most recent transaction is the latest in a series of ETH deposits to centralized exchanges over the past 10 days.

Since September 15, the blockchain analytics platform estimates Buterin has deposited an estimated 2,421 ETH ($3.94 million). The platform detailed 321 ETH in deposits made to Kraken between September 15 and September 19.

Buterin reportedly deposited 1,700 ETH to Bitstamp in multiple transactions between September 17 and September 20 and 500 ETH to Paxos on September 19.

Blockchain data also reveals a transfer of 2,000 ETH ($4.9 million) from a wallet long associated with the Ethereum co-founder to the address carrying out these transactions.

Nansen 2 wallet profiler highlighting a 3,000 ETH transaction between wallets associated with Ethereum co-founder Vitalik Buterin. Source: Nansen

Spot On Chain reports that the source of the 2,000 ETH transaction is a “better-known address” belonging to Buterin (0xD04daa65144b97F147fbc9a9B45E741dF0A28fd7) than the middle address (0x5567A4bE2D5b77F5Fd870f99Ed9167Fab8831B1) that has been transferring funds to exchanges.

On-chain monitoring platforms also identified a 600 ETH ($1 million) transaction from the vitalik.eth address on August 21, which was previously reported.