The co-founder of the second biggest network in the industry has transferred almost $12 million worth of cryptocurrency between his wallets in the last 20 days. The suspicious activity immediately caught the attention of the crypto community.

According to LookOnChain's analysis, the whale address ending with 0x9e92 that received 9,300 ETH in the last 20 days could be somehow tied to the developer himself. The address used to send funds ends with "0xd04d" and most likely belongs to Buterin, as it only received funds from wallet Vb3.

(By Arman Shirinyan)