Vitalik Buterin, co-founder of Ethereum, has deposited 400 ETH (equivalent to $0.63 million) into Coinbase, sparking speculation about his intentions and strategies in the volatile cryptocurrency market. Recent transactions involving his ETH holdings have added to the intrigue surrounding his movements.

Buterin's actions are being closely monitored by market participants and enthusiasts, as his role as a key figure in the crypto space could potentially influence market sentiment and investor confidence. However, the lack of transparency regarding his intentions invites uncertainty into the equation.