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@everyone
**Vitalik Buterin Tracked Released Rp48 Billion Ethereum to Mysterious Wallet**
Ethereum founder (ETH) Vitalik Buterin has been tracked to have released 1.006 of his own tokens worth $2.93 million or Rp48 billion to an unknown wallet ‘0x3C777’, according to Arkham Intelligence, Wednesday (27/11).
Initially, in the transaction, 1.009 Ethereum was first transferred from one address to another in Buterin's main wallet, after which 1.006 Ethereum was sent to that mysterious wallet.
Nevertheless, Buterin's activities so far indicate that the transfers are not directed to any crypto exchange, analysts suspect that the transactions are an address update for security purposes.
However, large transactions by figures, whales, or token founders must be closely monitored by the market as their actions can create selling pressure.
*Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).*