In line with breaking information, Ethereum founder Vitalik Buterin has offered a considerable amount of Wrapped Ethereum (WETH), as seen in onchain information.
WETH is a cryptocurrency pegged to the value of $ETH and may be exchanged with $ETH at a 1:1 ratio.
Vitalik Buterin seems to have despatched WETH to Cow Protocol and withdrawn PYUSD stablecoin in return. The dimensions of the gross sales reportedly reached $2.5 million within the final hour. Nevertheless, Buterin made quite a few gross sales at intervals all through the day.
Arkham information displaying last-minute transfers made by Vitalik Buterin.
*This isn’t funding recommendation.
