According to blockchain monitoring platform Spot On Chain, Buterin transferred 999 Ether ($1.63 million) between recognized Ethereum addresses and liquidated 500 Maker (MKR) tokens valued at around $580,000
The famous Canadian programmer transferred 999 Ether between well-known Ethereum addresses 20 hours ago.
This transaction comes after a series of deposits and sales that have taken place over the past eight days, during which Buterin deposited 1,602 Ether to cryptocurrency exchange Bitstamp and converted 100 Ether into 173,000 USDC, a stablecoin pegged to the U.S. dollar. Buterin's financial activity extends beyond Ethereum's native cryptocurrency. The data shows that he also liquidated 500This marks the first time Buterin has sold Maker tokens in two years. After selling the MKR tokens, Buterin transferred all 350 Ether to another address. This string of transactions has led some to speculate on what Buterin might be planning.
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