Vitalik Sent Another 400 ETH To CEX, Total Of 2,421 In Past 10 Days

The Ethereum co-founder also converted 200 ETH into UCDC a couple of days ago.
Vitalik Sent Another 400 ETH To CEX Total Of 2421 In Past 10 Days

Vitalik Buterin sent another 400 ETH to crypto exchange Coinbase on September 25, with the total CEX transfer reaching 2,421 ETH over the past 10 days.

The Ethereum co-founder previously transferred 300 ETH to Kraken while now sending 400 ETH, or approximately $630,000, to Coinbase in the latest transaction on September 25. 

Vitalik Buterin Address - Etherscan
Vitalik Buterin Address – Etherscan

Several onchain analysts noted Vitalik’s latest transaction to the Coinbase exchange of 400 ETH and also claimed he has converted 200 ETH into USDC as well within the past 7 days.

According to Spot On Chain, Vitalik has now sent a total of 2,421 ETH to multiple centralized exchanges since September 15.

Spot On Chain also outlined that Vitalik deposited a total of 1700 ETH to Bitsmamp with several transactions on September 17 and September 20 while depositing 500 ETH to Paxos on September 19.

Amid the bearish market momentum, Vitalik’s moves are closely watched by the whole crypto community. ETH is currently down over 4% in the past 7 days, according to data from Coinmarketcap.

Also Read: Ethereum Dencun Upgrade Might Be Delayed To Next Year

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