On November 6th, COINOTAG News reported a significant transaction involving Ethereum co-founder Vitalik Buterin. Utilizing Onchain Lens for monitoring activity, it has been revealed that Buterin transferred 2.09 million STRK tokens to the Binance exchange. This move represents a financial worth of approximately $799,000. Over the past five months, Buterin has amassed these tokens, yet their current value has declined noticeably. Initially valued at $1.51 million, his holdings have depreciated by around $714,000. Despite this downturn, he still retains a modest quantity of 15,862 STRK tokens, currently valued at $6,000. This transaction exemplifies the volatility inherent in the cryptocurrency market, as even prominent figures like Buterin experience fluctuations in asset valuations.
In Case You Missed It: Ethereum Struggles Above $2,500 as Market Faces Downsides and ETF Interest Wanes
Don’t forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
Read the full article here
