1. QiAi QuestsHome
  2. Crypto & Markets

Vitalik Buterin’s Suspected Ethereum Transfer Raises Questions

• Crypto & Markets • 100 views

It is reported that the chain analyst Lookonchain disclosed that a \”0xD04daa\” address of a suspected \”V god\” Vitalik Buterin transferred 5000 ETH (worth about …

Vitalik Buterins Suspected Ethereum Transfer Raises Questions

It is reported that the chain analyst Lookonchain disclosed that a “0xD04daa” address of a suspected “V god” Vitalik Buterin transferred 5000 ETH (worth about US $8.32 million) to the “0x93927c” whale address two hours ago. According to the data on the chain, the address of the suspected “V God” has transferred 14300 ETHs to the address of the “0x93927c” whale, which currently holds 50001 ETHs with a value of up to US $83.2 million.

Lookonchain: It is suspected that the address of V God will transfer 5000 ETH to the address of a giant whale

Interpretation of the news:


The blockchain world has been buzzing with news of a suspected transfer of millions of dollars worth of Ethereum by none other than Vitalik Buterin, the founder of Ethereum. According to reports, a chain analyst Lookonchain revealed that a “0xD04daa” address belonging to Buterin had transferred 5000 ETH (valued at approximately US $8.32 million) to the “0x93927c” whale address just two hours ago. This news comes as a surprise, as Vitalik Buterin has been vocal about his Ethereum holdings and has previously mentioned selling off a significant portion of his Ethereum holdings in 2017.

However, the transfer has raised questions about the possible reasons behind the transaction. Some speculate that Buterin may be divesting his Ethereum holdings as he prepares to focus on other projects. Others believe that the transfer could be a signal of a larger market move, possibly indicating that Buterin expects the price of Ethereum to fall in the near future. Still, others believe that Buterin may be selling off his assets to fund the development of new decentralized applications on the Ethereum network.

According to data on the blockchain, this recent transfer is not the first time that the suspected “V God” address has sent Ethereum to the “0x93927c” whale address. In fact, prior to this transfer, the suspected address had transferred 14300 ETHs to the whale address, which currently holds a staggering 50001 ETHs, valued at over US $83.2 million. This sizable amount of Ethereum held by a single address raises questions about the potential impact of such a whale’s actions on the broader Ethereum market.

Overall, the suspected transfer of 5000 ETH by Vitalik Buterin has caused quite a bit of speculation and debate within the blockchain community. While the reasons behind the transfer remain uncertain, it is clear that the impact of such a move by a high-profile figure like Buterin has the potential to influence the Ethereum market in significant ways. As the blockchain industry continues to mature and evolve, it will be interesting to see how the actions of key individuals like Buterin shape the future of the technology.

Total word count: 398

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/2891.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/23/2023 15:11
Next 02/23/2023 15:25

Related recommendations