Vitalik Buterin's wallet made a significant move in the crypto space. On September 19, wallet address 0x5567a4be2d5b77f5fd870f99ed9167feab8831b1, tied to Buterin, received a hefty transfer of 1,473.9 ETH, worth $3.64 million at the time. The funds came from two other wallets connected to the Ethereum co-founder. One of them, wallet 0xd04daa65144b97f147fbc9a9b45e741df0a28fd7, sent over 1,300 ETH after receiving a massive 70,000 ETH from Buterin back in 2022. The second, 0x1aaf2f422f39687459031e6b9a788eccab84d214 ("iiiiiiii.eth"), contributed 173.9 ETH, continuing a pattern of receiving transfers from Buterin since 2020.
Over the course of 11 days, 0x5567a4be2d5b77f5fd870f99ed9167feab8831b1 steadily funneled all 1,473 ETH to Paxos, making deposits as ETH's price recovered to around $2,581, ultimately amassing $3.8 million. The final deposit of 649 ETH, worth $1.72 million, marked the end of this series of transactions.
