According to Lookonchain, Vitalik.eth (Vitalik Buterin) purchased 296.4 ETH ($783,000) and subsequently transferred 693.9 ETH ($1.83 million) along with 341,000 USDC to Railgun approximately 30 minutes ago (source: Lookonchain via intel.arkm.com). This sizable transfer to a privacy protocol could signal heightened interest in on-chain privacy solutions, potentially affecting trading volumes and price action for both ETH and privacy-focused tokens. Traders are closely monitoring these movements for short-term volatility and liquidity changes in the Ethereum ecosystem.

According to Lookonchain, vitalik.eth, the wallet belonging to Ethereum co-founder Vitalik Buterin, purchased 296.4 ETH worth $783,000 and subsequently transferred 693.9 ETH (valued at $1.83 million) and 341,000 USDC to Railgun approximately 30 minutes ago (source: Lookonchain via Twitter, intel.arkm.com). Traders are closely monitoring this significant movement, as high-value transfers by influential holders often lead to short-term volatility in the ETH price and could impact on-chain privacy trends due to Railgun’s privacy protocol.