Vitalik Buterin’s Wallet Deposits Final 649 ETH to Paxos

A wallet linked to Ethereum co-founder Vitalik Buterin, “0x556,” made a final deposit of 649 ETH worth $1.72 million. The transaction deposited the final ETH to Paxos after the wallet received 1,300 ETH worth $3.21M from wallet “0xd04” on September 19. Initially, the wallet was funded by Buterin with 70,000 ETH in 2022. In the last 11 days, the wallet has transferred 1,300 ETH to Paxos at an average of $2,581, worth $3.35M. The sell-off comes during the recovery run in Ethereum, which has taken a 2.50% pullback over the last three days.