Vitalik's Ethereum Address Unlocks $470k Worth of STRK

IconCryptoNewsTerminal Staff03 Sep, 2024

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Vitalik's Ethereum Address Unlocks $470k Worth of STRK

Vitalik Buterin, the founder of Ethereum, has unlocked $470,000 worth of STRK tokens from a StarkNet vesting token grant. This is according to data from Arkham Intelligence, who reported that an Ethereum address believed to belong to Buterin (starting with 0x2208) unlocked 1.268 million STRK tokens one hour ago. The address currently holds 2.113 million STRK tokens, worth approximately $781,000. This suggests that Buterin may be planning to use the unlocked STRK tokens for various purposes such as developing new projects on StarkNet or supporting the network's growth.