Bitcoin and altcoins experienced a sharp and sudden drop last week. On this decline, BTC fell to $ 25,000, while Ethereum fell to $ 1550.
While BTC and altcoins have relatively recovered after this steep drop, PeckShieldAlert said that Ethereum founder Vitalik Buterin transferred 600 ETH to Coinbase.
It is stated that the value of these ETHs is about 1 million dollars.
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While it is not known why Vitalik Buterin sent these ETHs to Coinbase, it is considered that he sent it for sale.
#PeckShieldAlert vitalik.eth has transferred 600 $ETH (~$1M) to #Coinbase pic.twitter.com/XVTwLqPENM
— PeckShieldAlert (@PeckShieldAlert) August 21, 2023
*Not investment advice.
