Ethereum co-founder Vitalik Buterin has been making significant moves in the cryptocurrency market lately. In his latest move, he deposited 2,851 ETH (roughly $6.73 million) and 2.27 million USDC into the Aave protocol. These transactions are part of a broader trend of ETH sales by Buterin in recent weeks.
Recent Trends in Buterin’s ETH Sales
Since August 30, Buterin has sold a total of 950 ETH, valued at around $2.28 million, at an average price of $2,396 per ETH. This activity has attracted the attention of market observers, highlighting his strategic maneuvers within the decentralized finance (DeFi) space.
Growing Influence of DeFi Platforms
Buterin’s actions reflect the growing influence of DeFi platforms like Aave, as major players continue to utilize these platforms for liquidity and asset management. His recent transactions provide valuable insights into his strategies and the evolving DeFi landscape.
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