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Vitalik Buterin Moves $1.7M in ETH to Paxos as Ethereum Traders Bet on Price Recovery

October 1, 2024 at 08:28 PM GST updated: October 1, 2024 at 07:43 PM 2 mins read News Vitalik Buterin transferred 1,300 ETH to Paxos, aiming to benefit from Ethereum’s price recovery amid ongoing market shifts. A smart trader with a 100% success rate bought 10,083 ETH ($26.8M), signaling bullish sentiment despite Ethereum’s price pressure….

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Ethereum Foundation Defends $96.9M Transfer Amidst Criticism

On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was…

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