Vitalik Buterin Moves over $14 Million to Gemini
Vitalik Buterin, co-founder of Ethereum, moved a huge amount money to Gemini. This is one of many large transfers he's made recently. Ethereum's price remains mostly unchanged.
Ethereum's co-founder, Vitalik Buterin,recently moved $14.9 million in USDC to Gemini. This big transfer was spotted by experts at PeckShield, a company that tracks blockchain activities, on Oct. 17.
This move by Buterin isn't the only big transfer he's done. Just a few days before, he got $14.93 million from Kanro, a charity linked to him. He also sent nearly $500,000 to another platform, Coinbase.
Even with this news, theprice of Ethereum's currency, Ether,stayed mostly the same, dropping only a little according to price data from Coinpaprika.
In recent times, Buterin has been moving a lot of money. In September, he moved more than $3.9 million in total. He also made other large transfers in the past months.
Such moves by famous people in the crypto world always get attention. People are watching closely to see what they might do next.
