Ahead of the game? Vitalik deposits tens of millions of USDC into Gemini, just before Bitcoin's unexpected surge
Ethereum founder Vitalik Buterin transferred tens of millions of USDC to an exchange, coincidentally just before the BTC surged due to a fake news incident.
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BTC Soars and Plunges Due to False News
US stocks ended two consecutive days of decline last night, closing significantly higher. Bitcoin surged to 30K due to false news, but quickly fell back to 28K.
According to statistics, the false news this time led to liquidations of up to $100 million in the futures market.
All three major US stock indexes rose on Monday, while Bitcoin experienced a dramatic surge and plunge
In fact, on September 25th of this year, Vitalik transferred 400 ETH to Coinbase, but ETH saw an increase of nearly 10% in the following days. His influence on the market seems to be smaller than that of the Ethereum Foundation.
Conflict in Israel and Palestine caused oil prices to rise, leading to a sharp drop in ETH as the Ethereum Foundation sold off coins