Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Vitalik Buterin Moves Around 1.3 Million STRK: Altcoins React
ALTCOIN NEWS

Vitalik Buterin Moves Around 1.3 Million STRK: Altcoins React

By Crypto FlexsSeptember 5, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Vitalik Buterin Moves Around 1.3 Million STRK: Altcoins React
Share
Facebook Twitter LinkedIn Pinterest Email

reporter

Posted: September 5, 2024

  • Vitalik Buterin’s transfer of 1.3 million STRK tokens sparked speculation and market volatility.
  • Following Buterin’s transfer, STRK’s price rose 4.53%, hinting at a potential rally.

Rumors of a potential massive sell-off have spread recently after Ethereum (ETH) co-founder Vitalik Buterin moved 800 ETH, worth $2.1 million, to a multi-signature wallet.

Vitalik Buterin Moves STRK

On September 4, Buterin unlocked and withdrew 1,268,000 Starknet (STRK) tokens from the Starknet locked token grant contract, worth $470,000.

The news was reported by Wu Blockcahin’s X post.

“Vitalik Buterin currently holds a total of 2,113,000 STRK, which is worth approximately $781,000, making it the second most valuable token after ETH. Vitalik Buterin is one of the early investors in StarkNet.”

This increase, which amounts to $854,730 at $0.39 per token, has piqued curiosity about Buterin’s plans.

Arkham IntelligenceArkham Intelligence

Source: Arkham Intelligence

STRK is now Buterin’s second largest token held after Ethereum. Additionally, in May, Buterin transferred 845,205 STRK tokens, which caused the token price to increase significantly.

Impact on STRK Tokens

The recent transfer appears to be triggering a similar market reaction. According to the latest CoinMarketCap update, STRK is up 4.53% over the last 24 hours, trading at $0.3983.

TradingView data analysis from AMBCrypto shows that the RSI is slightly above the neutral level of 51, indicating cautiously bullish momentum, suggesting potential upside.

However, this bullish outlook remained uncertain as the RSI declined slightly.

The brighter news is that the bullish trend is confirmed as the MACD line is above the signal line.

However, if STRK breaks the resistance level of $0.43, it suggests a sustained rally is expected.

STRK- Trading ViewSTRK- Trading View

STRK- Trading View

Other previous posts by Vitalik Buterin

Prior to this STRK token withdrawal, Vitalik Buterin had moved various tokens between his wallets, including PIKA, ETH, DIMO, and POKT, which raised questions about his future intentions.

Some speculate that the deal represents another charitable donation in line with his past actions.

Some see this move as a strategic reallocation within his portfolio.

Whatever the motivation, Buterin’s actions have piqued curiosity about his broader plans and have the market anticipating further developments.

Next: The transition from MATIC to POL has begun: A new chapter for Polygon?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

DEXTools’ most popular cryptocurrency coins – TG.Casino, Beam, Meme Kombat

January 7, 2024

Tether CEO responds to alleged attack on Bitfinex database by ‘F Society’

May 4, 2024

Unleashing the Power of Cosmos Coin: The Future of Cryptocurrency – The Defi Info

January 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.