Technology

Vitalik Buterin Wallet Addresses: Was 40,000 ETH transferred from VB’s wallet?

Very recently, on 24th November 2022, around 40,000 Ether was transferred from Vitalik Buterin’s multi-signature wallet to an unidentified address. Since then a lot of speculation has arisen in the market and people are curious to know more about Vitalik Buterin’s wallet addresses. In this article, we have listed everything you must know about the situation.

Who is Vitalik Buterin?

Vitalik Buterin is a Russian-origin Canadian programmer. He is credited with being the co-founder of the Ethereum blockchain, one of the most popular platforms in the crypto and DApp industry. He is one of the world’s youngest crypto billionaires are is considered to be a popular and sought after name in the market. Before his journey with Ethereum, he used to also write for the Bitcoin Magazine, which he had founded himself.

What can be seen in regard to his wallet addresses?

As mentioned above the news broke out on 24th November a transaction of 40,000 ETH was made from the wallet address 0x220866B1A2219f40e72f5c628B65D54268cA3A9D which is associated with Vitalik Buterin to an unknown wallet address of 0xd04daa65144b97f147fbc9a9b45e741df0a28fd7. This Ether is valued at around 47.7 Million dollars.

Currently, Buterin’s wallet address is said to hold about 250,000 ETH, which is around 300 million dollars, whilst the wallet the ETH was sent to now holds approximately $76.5 million worth of Ether which is 64,301 ETH.

What does this mean for the community?

After the recent transaction, even though there are some speculations of a sell of, experts do believe that the transfers don’t necessarily resemble a sell off however it does raise some concerns, especially those regarding the nature and objective of these transactions.

Frequently Asked Questions

What other wallet addresses are associated with Vitalik?

There are two other wallet addresses that have been linked to Vitalik Buterin. However, these are only alleged and can’t be confirmed. These addresses are: 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B and 0xd8dA6BF26964aF9D7eEd9e03E53415D37aA96045

However, a tweet by Vitalik Buterin that dates back to 2018 does that that the former is his wallet address

Is 0xe692869347b9b18ef2deed19ae1bbace303b52b0 also the wallet address of Vitalik?

As per the news article by Decrypt “ Wallet Linked to Vitalik Buterin Sells Off $3.75 Million in Ethereum”, 3,000 ETH which was worth 3.75 million dollars were sold from the above mentioned wallet address on Uniswap. This address was claimed to be associated with Buterin. However, Evan Van Ness, a popular member and developer in the Ethereum space did take to Twitter  and said that he has talked to Vitalik Buterin and was told that the address did not belong to him.

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