Ethereum co-founder Vitalik Buterin recently deposited 200 ETH (worth $534,000) to the Kraken exchange, as reported by cryptocurrency analytics platform Lookonchain.
Currently, the second-largest cryptocurrency is trading at $2,647, down 3% over the past 24 hours.
Previously, on August 9, Buterin transferred 3,000 ETH (valued at $8.05 million at that time) to a multi-signature safe wallet, which Lookonchain suggested might be a donation.
On August 5, the Canadian programmer moved another 3,000 ETH (valued at $7 million at that time) to a different wallet.
Buterin is believed to hold over half a billion dollars worth of ETH.
Earlier in August, he sold all of his Neiro tokens for $112.5 worth of ETH. The Neiro team had sent Buterin a 4% share of the token’s supply.
It’s worth noting that Buterin has repeatedly warned cryptocurrency projects against sending him tokens.