Multi-signature Wallet Sells Ethereum Tokens for Over 440K USDC Tokens!

Author: Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Sep 11, 2024 13:56

The wallet linked to Vitalik Buterin sold another 190 ETH tokens for 441,971 USDC tokens about an hour ago. Reportedly, this wallet had received 3,800 Ethereum tokens worth $9.8 million from the founder of Ethereum. However, this wallet has sold a total of 950 ETH tokens worth $2.28 million since 30th August. Notably, with 3 active transactions within the past week, the average selling price for these tokens was $2,396.