Vitalik Buterin Deposits 2.09 Million STRK Tokens into Binance Amid $714K Value Decline

On November 6th, COINOTAG News reported a significant transaction involving Ethereum co-founder Vitalik Buterin. Utilizing Onchain Lens for monitoring activity, it has been revealed that Buterin transferred 2.09 million STRK tokens to the Binance exchange. This move represents a financial worth of approximately $799,000. Over the past five months, Buterin has amassed these tokens, yet their current value has declined noticeably. Initially valued at $1.51 million, his holdings have depreciated by around $714,000. Despite this downturn, he still retains a modest quantity of 15,862 STRK tokens, currently valued at $6,000. This transaction exemplifies the volatility inherent in the cryptocurrency market, as even prominent figures like Buterin experience fluctuations in asset valuations.