Bitcoin rose above $30,000 after fake ETF news broke yesterday. After it was realized that the news was fake, BTC dropped to $ 28,000 again, while altcoins also experienced similar movements as in BTC.
At this point, the largest altcoin Ethereum (ETH) also rose to $1,640 and is now trading at $1,588.
While horizontal movements were seen in the market after yesterday's events, popular platform PeckShieldAlert said that Ethereum founder Vitalik Buterin transferred $ 14.93 million USDC to Gemini.
#PeckShieldAlert #vitalik.eth haas transferred ~15M $USDC (Multisig Contract 0xf207…D5a3) to #Gemini pic.twitter.com/6FZGKLKg9Z
— PeckShieldAlert (@PeckShieldAlert) October 17, 2023
It is not uncommon for Buterin to move significant amounts of ETH or USDC to centralized exchanges. Because the ETH co-founder transferred more than 3.9 million dollars of crypto money to Coinbase and Gemini in September, and sent 600 ETH ($1 million) to Coinbase in August.
*This is not investment advice.
