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Ethereum wallet linked to Vitalik Buterin moves 7,000 ETH worth $11M to new address after year-long dormancy

Market News
27 Jun 2026
Blockonomi
View Source
Neutral
Ethereum wallet linked to Vitalik Buterin moves 7,000 ETH worth $11M to new address after year-long dormancy

An Ethereum wallet connected to Vitalik Buterin transferred 7,000 ETH valued at $11.06 million to a new wallet after being inactive for about a year. Blockchain analysts suggest this move likely precedes a deposit to a centralized exchange, following similar past transactions where funds were sent to Paxos. The original wallet still holds 20,001 ETH, worth around $31.6 million. This activity is closely watched as it may signal future market moves, though no public explanation has been given by Buterin or his representatives.

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