Wallet linked to Vitalik transfers 7,000 ETH worth $11.06 million
Onchain Lens flagged the move to a new wallet after a year, while past activity suggests the funds could later be routed to a centralized exchange.
ETH
Fact Check
The originating source, the Onchain Lens X post dated 2026-06-27, confirms every element of the claim: a wallet '0xD04' linked to Vitalik moved 7,000 ETH worth $11.06M into a new wallet after a year, with the analyst noting past patterns suggesting the funds could be routed to centralized exchanges. BlockBeats independently reproduces these figures sourcing Onchain Lens. The claim accurately summarizes the on-chain monitoring report, though it remains an analyst's attribution ('linked to Vitalik') rather than a confirmation of direct control by Vitalik Buterin.
Summary
A wallet linked to Vitalik transferred 7,000 ETH worth $11.06 million to a new wallet after a year, according to Odaily, citing Onchain Lens. The transfer resembles earlier activity from the same address, which previously moved 1,300 ETH worth $3.19 million before depositing it into Paxo. The wallet now holds 20,001 ETH worth $31.6 million, suggesting market watchers are tracking whether the latest transfer is a precursor to another exchange-related move.
Terms & Concepts
- centralized exchange: A crypto trading platform operated by a company that holds user funds and executes trades.
- wallet: A blockchain address or tool used to store and transfer digital assets.
- ETH: The native token used on the Ethereum network for transactions and other on-chain activity.