Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.
The move comes as ether, the second largest cryptocurrency by market capitalization suffered a 10% decline over the last seven days, amid a broad market downturn which saw traders witness $1 billion inOn
Sunday, Buterin repaid 250,000 RAI and withdrew $1.6 million worth of ether, according to on-chain tracker,It is not clear why the Ethereum co-founder transferred the ether to centralized exchange Coinbase.
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