Buterin Addresses Recently Sold 3,000 Ethereum Via Uniswap

It has been revealed that Ethereum founder Vitalik Buterin sold approximately $ 4 million in Ethereum shortly after FTX declared bankruptcy.

Two days ago, a wallet associated with Vitalik Buterin made a profit of 3,000 ETH ($3.75 million), less than 24 hours after the FTX exchange filed for bankruptcy protection.

The aforementioned Ethereum was made available through three separate transactions on Uniswap. The price of Ethereum has dropped 21% over the previous week due to the difficult FTX-triggered sell-off environment, and it is now trading at $1,241.84 (At the writing time)

The character who said no to the drama as the father of Ethereum, Vitalik Buterin, also made the initial comment about FTX crashing at the end of November 12, accusing former CEO Sam Bankman-Fried of being a scammer and declaring the most significant consequences in FTX history.

Last week, the focus appears to have been on FTX, one of the world’s largest cryptocurrency exchanges. The losses begin. Unstable stability sheet raises concerns above Alameda Research‘s illiquidity – a company founded and run by Sam Bankman-Fried, who has repeatedly claimed independence.

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