Vitalik Buterin Rare Move: Sells 500 MKR For 350 ETH On CoWswap
- Vitalik Buterin ‘s address sold 500 MKR for 350 ETH through CoWswap, marking its first sale in two years.
- The address then transferred 350 ETH to another address with assets of 1.09 million USD.
For the first time in 2 years, Vitalik Buterin’s address sold 500 MKR for 350 ETH and transferred 350 ETH to an address with assets of 1.09M USD.
Vitalik Buterin, co-founder of Ethereum, has been making headlines recently with his crypto trading activity. On September 2, the Vitalik address sold 500 MKR for 350 ETH through CoWswap, marking the first time the address has sold MKR in two years. The address then transferred 350 ETH to the address 0x3F…2aEB, which currently has assets of 1.09 million USD, including 415.76 ETH.
In another recent transaction, it was reported that he transferred 3,000 ETH from the address “vitalik.eth” to the address marked “Vb 2” on another chain, with a value of approximately $4.95 million on August 28. This comes as the overall crypto market remains fragile following a sharp correction, with ETH price falling below $1700 for the first time since June and continuing to trade at $1,650.
On August 22, CoinCu reported that the wallet address “Vitalik.eth,” which is closely associated with Ethereum’s co-founder Vitalik Buterin, executed a transfer of 600 ETH to Coinbase.
On August 21, Vitalik.eth orchestrated the return of 251,000 RAI tokens on the Maker platform, concurrently executing a withdrawal of 1,000 ETH, valued at approximately 1.67 million USD.
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