The community is surprised by the large transfer of Ethereum from Buterin's wallet

Ethereum co-founder Vitalik Buterin has again attracted the attention of the crypto community after the recent transfer of a large amount of Ethereum. According to the blockchain security company PeckShieldAlert, Z0 ETH was transferred from the Vitalik.eth address in favor of the Railgun project, and the wallet owner also exchanged 27.6Z ETH for 100,000 USDC.

The PeckShieldAlert report indicates that funds have been transferred to the Ethereum base layer, the fundamental part of the network where transactions and smart contracts are processed, and the overall security of the blockchain is ensured.

Note that in the past, Buterin has already explained that transactions from his wallet do not always reflect his personal investment decisions, much less profit-taking.

According to the co-founder of Ethereum, these transactions can be carried out for various purposes, whether it is the redistribution of funds between platforms or donations to charity.

Apparently, many people were once again confused by the situation in the crypto market, because now Ethereum is showing powerful price dynamics, trading at $ Z800 and demonstrating much greater stability relative to the price of bitcoin.

Vitalik Buterin, one of the most prominent figures in the crypto space, is involved in various projects and initiatives beyond his role in Ethereum. He makes transactions with various intentions, including donations to charities and financing innovative blockchain projects.

One striking example is Buterin's donation of $1 billion worth of Shiba Inu (SHIB) tokens to the Indian Anti-Cancer Foundation in May 2021, which allowed him to support this country in the fight against the coronavirus pandemic and emphasized Buterin's desire to direct funds to charity.

Source: https://happycoin.club/soobshhestvo-udivleno-krupnym-perevodom-ethereum-iz-koshelka-buterina/