đ„đ„đ„ #VitalikButerin moves 400 Ether to Railgun amid $ETH price surge
Vitalik Buterin Moves 400 ETH to Privacy Mixer Amid Ether Gains
- Vitalik Buterin, Ethereumâs co-founder, recently transferred 400 ETH (about $1.05 million) to the privacy mixer Railgun, sparking considerable interest. This move comes as Ether has gained 4% over the past week, currently trading at $2,619. Despite recent declines, Ether's trading volume has surged by 45% to $10.2 billion.
Details of the Transfer and Railgun Use
- Buterinâs transfer to Railgun, an address starting with 0x1810, follows a previous deposit of 662 ETH over the past 10 months. His use of Railgun highlights his commitment to privacy in the crypto space. The community is also noting a recent transfer of $500K in ETH to an unknown address.
Market and ETF Flows
- Ethereum has faced mixed ETF flows recently. While there was a $14 million net outflow from Ethereum spot ETFs, #BlackRockâs ETHA and Fidelityâs FETH saw inflows of $76 million and $25 million, respectively. Conversely, Grayscaleâs ETHE experienced a $118 million outflow.
New Domain Registration
- Buterin has also registered a new ENS domain, âdacc.eth,â for 0.187 ETH (~$500), related to his concept of âdefensive accelerationism,â which he will discuss at an X Spaces event on August 22.
Source - cryptopolitan.com
