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The post Vitalik Buterin Transfers $1M ETH to Coinbase! appeared first on Coinpedia Fintech News
Ethereum founder Vitalik Buterin has transferred $1 million worth of ETH to Coinbase. According to reports, the reason is still unknown and the move has surprised many traders as it coincided with a market sell-off that saw prices of Bitcoin and Ethereum dip. Despite this, analysts remain optimistic about the long-term prospects of cryptocurrencies, as institutional investors and mainstream adoption continue to increase. However, investors should be cautious when investing in volatile assets like cryptocurrencies.