Vitalik Buterin transferred 693.91 ETH, worth approximately $1.83 million, and $340,931 USDC to the privacy protocol Railgun

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Ethereum’s co-founder, Vitalik Buterin, just made a notable move on-chain. At around 5:08 PM UTC+8, an address linked to Buterin (vitalik.eth) transferred 693.91 ETH, worth around $1.83 million, along with $340,931 USDC, to the privacy protocol Railgun.

Analytics account Lookonchain reported that the Canadian programming prodigy purchased 296.4 Ethereum for approximately $783 million and then transferred 693.9 ETH worth $1,824,973 to Railgun. He also added 341,000 USDC to that transaction.