.VitalikButerin is transfering large chunks of $ETH in the last 20 days as users express some panic over size of those transfers
worth approximately $260 million. Practically, it makes him one of the biggest holders of the cryptocurrency on the market. The transaction's history does nщt show any activity that would make us think that the whale is in fact tied to a certain exchange or functions as an OTC desk.
Historically, transactions made by Buterin usually leвd to a spike in Ethereum's volatility on the market, as both institutional and retail investors often follow the accounts of crypto influencers, projects and developers.Some community members even assumed that Buterin is willing to sell some of his holdings, while Ethereum is trading at a significant premium compared to the price we saw on the market around two weeks ago.
Luckily for Ethereum investors, the price performance of the second biggest cryptocurrency on the market has improved drastically since the beginning of the year thanks to recovering network activity and the sudden rise of inflows on the market that inevitably affected the biggest cryptocurrencies on the market — like
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