{"id":2668,"date":"2018-01-01T01:01:25","date_gmt":"2018-01-01T01:01:25","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=2668"},"modified":"2018-01-03T17:49:48","modified_gmt":"2018-01-03T17:49:48","slug":"vitalik-buterin-ransfers-30000-eth-to-bitstamp","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\/","title":{"rendered":"Vitalik Buterin, Ethereum Cofounder, Transfers 30,000 ETH to Bitstamp"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/12\/vitalik-buterin.jpg\" alt=\"Vitalik Buterin\" width=\"300\" class=\"alignleft size-full wp-image-1855\" \/>The crypto market is puzzled by <a href=\"https:\/\/www.legitgambling.com\/news\/ether-remains-bullish-buterin-presents-solid-road-map\/\">Ethereum cofounder Vitalik Buterin<\/a>\u2019s transfer of 30,000 Ether tokens to Bitstamp.<\/p>\n<p>That was just days before Litecoin\u2019s founder <a href=\"http:\/\/www.trustnodes.com\/2017\/12\/20\/litecoins-founder-sells-litecoin\">Charlie Lee\u2019s announcement<\/a> confirming the sale of all his holdings, a few weeks before. Buterin\u2019s well known Ethereum address contain about 375,000 ETH, valued at about $300 million.<\/p>\n<p>Buterin has not publicly announced the reason for moving the Ether tokens to Bitstamp account. A portion of the crypto community argues that he might have moved the tokens to pay the programmers who work for him. The argument stems from Buterin\u2019s statement made two days prior to the transfer. <\/p>\n<p><center><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">&gt; especially when it comes to unit of account and medium of exchange<\/p>\n<p>Not sure what you mean here. I just paid ~10 contractors in ETH with amounts calculated based on exchange rates from USD, SGD and TWD today.<\/p>\n<p>&mdash; Vitalik Buterin (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/940868327739715586?ref_src=twsrc%5Etfw\">December 13, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<\/center><\/p>\n<p>Another assumption circling among the crypto community is that Buterin could have sold the Ether to diversify his holdings. Back in April 2016, Buterin sold 25% of his ETH holdings at about $10. He clarified that the sale was done to diversify his crypto portfolio.<\/p>\n<p>The market would be looking for a clarification from Buterin with regard to the transfer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market is puzzled by Ethereum cofounder Vitalik Buterin\u2019s transfer of 30,000 Ether tokens to Bitstamp. That was just days before Litecoin\u2019s founder Charlie Lee\u2019s announcement confirming the sale of all his holdings, a few weeks before. Buterin\u2019s well known Ethereum address contain about 375,000 ETH, valued at about $300 million. Buterin has not [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,68,70,1],"tags":[],"class_list":["post-2668","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cryptocurrency","category-ethereum","category-usa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vitalik Buterin, Ethereum Cofounder, transfers 30,000 ETH to Bitstamp<\/title>\n<meta name=\"description\" content=\"Vitalik Buterin, cofounder of Ethereum, has transferred 30,000 ETH to Bitstamp. Earlier in 2016, he sold 25% of holding to diversify crypto portfolio.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vitalik Buterin, Ethereum Cofounder, transfers 30,000 ETH to Bitstamp\" \/>\n<meta property=\"og:description\" content=\"Vitalik Buterin, cofounder of Ethereum, has transferred 30,000 ETH to Bitstamp. Earlier in 2016, he sold 25% of holding to diversify crypto portfolio.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-01T01:01:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-01-03T17:49:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/12\/vitalik-buterin.jpg\" \/>\n<meta name=\"author\" content=\"Cameron Bishop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cameron Bishop\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/\"},\"author\":{\"name\":\"Cameron Bishop\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"headline\":\"Vitalik Buterin, Ethereum Cofounder, Transfers 30,000 ETH to Bitstamp\",\"datePublished\":\"2018-01-01T01:01:25+00:00\",\"dateModified\":\"2018-01-03T17:49:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/\"},\"wordCount\":212,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/vitalik-buterin.jpg\",\"articleSection\":[\"Bitcoin\",\"Cryptocurrency\",\"Ethereum\",\"USA\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/\",\"name\":\"Vitalik Buterin, Ethereum Cofounder, transfers 30,000 ETH to Bitstamp\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/vitalik-buterin-ransfers-30000-eth-to-bitstamp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/12\\\/vitalik-buterin.jpg\",\"datePublished\":\"2018-01-01T01:01:25+00:00\",\"dateModified\":\"2018-01-03T17:49:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"description\":\"Vitalik Buterin, cofounder of Ethereum, has transferred 30,000 ETH to Bitstamp. 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