Ethereum co-founder Vitalik Buterin refutes asset dumping claims

Ethereum co-founder Vitalik Buterin refutes asset dumping claims
фото показано с : cryptoslate.com

2023-10-18 12:54

Ethereum (ETH) co-founder Vitalik Buterin has dismissed recent speculations that he is dumping his ETH bag, saying that he hasn’t sold the digital asset for personal gain since 2018.

“I haven’t “sold” ETH for personal gain since 2018,” Buterin said.

Several media outlets have recently reported how wallets connected to Buterin have sent Ethers to exchanges, suggesting that he was dumping the cryptocurrency.

For context, CryptoSlate reported that a wallet linked to the Ethereum co-founder sent over 1,000 ETH to exchanges, unknown addresses, and a Gnosis Safe Proxy wallet during a seven-day period in September.

Those transactions followed a similar trend of others performed in August and March, prompting speculations from the crypto community that Buterin was quietly divesting his holdings.

ETH transfers are donations

However, in an Oct. 17 post on Warpcast, Buterin clarified that the reported transactions were donations to “charity or nonprofit or other project.”

Buterin said this was not him directly selling the asset but the “recipients selling” because “they have to cover expenses.” He said:

“If you see an article saying ‘Vitalik sends XXX ETH to [exchange]’, it’s not actually me selling, it’s almost always me donating to some charity or nonprofit or other project, and the recipient selling because, well, they have to cover expenses.”

This statement aligns with recent transactions performed by one of the charities associated with Buterin, Kanro—a charity focused on researching global solutions for pandemics.

CryptoSlate, using Arkham Intelligence data, confirmed that Kanro sent over $15 million worth of USDC stablecoin to a multi-signature wallet in the past week. The wallet would later transfer $500,000 to Coinbase in two transactions and $14.93 million to Gemini.

Meanwhile, Buterin remains an ETH whale, per Arkham’s intelligence data. He holds nearly 250,000 Ether units worth $390 million in his address.

The post Ethereum co-founder Vitalik Buterin refutes asset dumping claims appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2998.1 (-0.36%)
Объем 24H $11.337b
Изменеия 24h: -1.68 %, 7d: 2.47 %
Cегодня L: $2983.24 - H: $3058.25
Капитализация $360.081b Rank 2
Цена в час новости $ 1572.38 (90.67%)

buterin eth gain ethereum personal sold asset

Источник: cryptoslate.com

buterin eth → Результатов: 126


Vitalik Buterin has transferred over 1.8k ETH to exchanges this year, still holds over 250k ETH

On-chain data shows that Ethereum co-founder Vitalik Buterin transferred 400 ETH, approximately $630,000, to Coinbase earlier today. According to the Arkham Intelligence dashboard, the transfer continues a recent trend of transactions within the last seven days that has seen Buterin transfer more than 1,000 ETH, including today’s transaction, to exchanges, unknown addresses, and a Gnosis […] The post Vitalik Buterin has transferred over 1.

2023-9-26 15:30


Ethereum Co-Founder Thinks The Over $40 Billion Staked ETH Can Be Stolen

It appears that the co-founder of Ethereum, Vitalik Buterin, doesn’t trust the security of infrastructure allowing ETH staking. Consequently, in a recent interview, Buterin stated that he would only stake a limited amount of coins to ensure the network is distributed and remain robust against malicious agents who might try to take over the platform, reversing transactions.

2023-7-2 09:13


Бутерин рассказал, что ему нравится в экосистеме Ethereum

Виталик Бутерин рассказал, что ему нравится в экосистеме криптовалюты Ethereum (ETH), опубликовав объёмную статью в своём блоге. Бутерин перечислил виды существующих стейблкоинов и выбрал своих фаворитов, которыми оказались монеты RAI (RAI) и Liquity USD (LUSD), чей курс обеспечен запасами ETH вместо фиатной валюты.

2022-12-6 10:49


Фото:

Ethereum Co-founder Proposes “Trustless” and “Serverless” BTC-ETH Swaps

Ethereum co-founder Vitalik Buterin says the absence of trustless and serverless swapping between Bitcoin (BTC) and Ethereum (ETH) is a source of embarrassment for the crypto industry at large. Buterin Advocates Easy Swapping Between BTC and ETH Tweeting on Tuesday (March 24, 2020), Buterin argued for the creation of a system that allows seamless swapsRead MoreRead More.

2020-3-25 18:00


Ethereum: How Early Devs Got Rewarded With 12 Million ETH?

It is no secret that early Ethereum (ETH) ICO buyers later became whales and potential multi-millionaires. But the project also seemed extremely generous to its developers. Ethereum Devs Got Paid for Short-Term Involvement Ethereum, which went through multiple phases of pre-mining, actual mining, and as much as eight hard forks, has always been accompanied by the guidance of Vitalik Buterin and a small, fluctuating team of developers.

2019-12-28 15:10


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Vitalik Buterin Baffles Crypto Twitter: Can You Solve His Math Puzzle?

Vitalik Buterin, the enigmatic co-founder of Ethereum, sent shockwaves through the crypto Twittersphere this past weekend with a series of seemingly nonsensical equations. The equations, which defied basic arithmetic (think 2 + 2 = 0), left many scratching their heads and fearing a break in the very fabric of mathematics. However, as it turns out, […]

Railgun Among Crypto Market Top Gainers: Why Is RAIL 53% Up?

Recently, the crypto market fluctuations have seen most cryptocurrencies exhibit red numbers. While many remain unfazed by the market dynamics, some sectors of the crypto community have turned more pessimistic, and their bags are seemingly going down instead of up.

Vitalik Buterin’s RailGun advocacy triggers sharp rise in privacy tokens

Ethereum co-founder Vitalik Buterin emphasized the importance of privacy in crypto transactions amid reports that he used the privacy tool RailGun to obfuscate his transactions. Earlier today, Wu Blockchain, citing Arkham Intelligence’s dashboard, reported that Buterin transferred 100 ETH (approximately $325,000) to RailGun.