Published by
Benzinga
Vitalik Buterin, one of the co-founders of Ethereum (CRYPTO: ETH), on Monday, transferred over $1 million worth of ETH to the popular cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN). What Happened: Data from Ethereum blockchain explorer Etherscan shows that Buterin sent 600 ETH to Coinbase. The transfer comes at a time when Ethereum, the second-largest cryptocurrency by market value, experienced a sharp decline of over 11% in the past week. This downturn resulted in traders facing substantial losses, with approximately$1 billion in liquidations. See More: A Stay At The Floating Palac…
