Ethereum co-founder Buterin reportedly Dumped 3,000 ETH Following FTX Liquidation news
Ethereum Ang co-founder ng Ethereum na si Buterin ay iniulat na Nagtapon ng 3,000 ETH Kasunod ng balita sa FTX Liquidation 11 / 14 / 2022 Balita ng Ethereum ng Bitcoin Ethereum co-founder Vitalik Buterin received 5,000 ETH in two payments from the same address soon before transferring 3000 ETH to the DeFi protocol, according to his transaction kasaysayan as seen on Etherscan. According to DeFi Llama, Uniswap is an automated market maker that presently has about $3.6 billion in ETH locked in a number of dApps and DeFi protocols. Later, Buterin converted his 3,000 ETH into the stablecoin USDC, which may indicate that he anticipates a decline in the price of ETH following the fall of FTX, the formerly fifth-largest cryptocurrency exchange in the world. The stablecoin USDC is linked to the U.S dollar. Decentralized finance users that employ stablecoins have the chance to profit from their crypto assets. They additionally protect owners from the volatility of other cryptocurrencies. On November 14, 2022, on-chain data from Santiment revealed that while active ETH deposits increased, the number of daily active users on Ethereum decreased, indicating that speculation about a lack of confidence in the crypto industry was prompting traders and investors to hold back When Buterin moved 30,000 ETH