Vitalik Buterin moves nearly 1.3 mln STRK: Altcoin reacts

“Vitalik Buterin currently holds a total of 2.113m STRK, worth about $781,000, which is his most valuable token besides ETH. Vitalik Buterin is one of the early investors in StarkNet.”STRK has now become Buterin’s second-largest token holding, after Ethereum.

Also, back in May, Buterin made a similar transfer of 845,205 STRK tokens, which led to a notable increase in the token’s price.AMBCrypto’s analysis of TradingView data indicated a cautiously bullish sentiment, with the RSI sitting slightly above neutral at 51, hinting at potential upward momentum.On a brighter note, the MACD line’s position above the Signal line confirmed the presence of bullish activity.

However, it also suggested that a sustained rally may be on the horizon if STRK surpasses its resistance at $0.43.Before this withdrawal STRK token withdrawal, Vitalik Buterin moved various tokens, including PIKA, ETH, DIMO, and POKT, between his wallets, sparking questions about his future intentions.Others see these moves as strategic reallocations within his portfolio.

Regardless of the motive, Buterin’s actions fuel curiosity about his broader plans, prompting the market to anticipate further developments.Ishika is a graduate of Political Science from the University of Delhi. From writing content as a hobby to now pursuing it as a professional career, she has been living and breathing content all her life. Her interests lie in making sure articles are very digestible to a common reader, despite all its technicalities and jargons.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum: What Buterin’s recent transfers reveal about ETH’s futureExplore how Vitalik Buterin's recent transactions on Ethereum impact its price movements and market trends.
Source: CryptoAmb - 🏆 22. / 68 Read more »

As Ethereum slows down, will Vitalik Buterin help ETH rise?Vitalik attempts to boost Ethereum engagement as the network continues to lose its dominant grip on the market, amid rising competition.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ethereum Foundation’s spending causes concern: Vitalik Buterin respondsThe Ethereum Foundation teased its upcoming 2022-2023 financial report, revealing details on internal and external spending.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Vitalik Buterin hails Ethereum for this big upgrade, details hereVitalik Buterin has praised the recent milestone of reducing supermajority client risk in Ethereum. Here's what it means...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Vitalik Buterin’s $530K Ethereum transfer: Impact on ETH?Vitalik Buterin has deposited a substantial 200 ETH worth $530,000 to the Kraken cryptocurrency exchange (CEX).
Source: CryptoAmb - 🏆 22. / 68 Read more »