Ethereum Co-founder Vitalik Buterin Unlocks 1.26M Starknet Tokens, STRK Price Signals Rebound Ahead

This post was originally published on Coinspeaker

Buterin’s crypto portfolio is largely dominated by Ether followed by 2.11 million Starknet (STRK) units, worth about $809K.

Ethereum (ETH) co-founder Vitalik Buterin has unlocked 1.268 million $STRK units, worth more than $470k, from the Starknet Locked Token Grant contract earlier today. The on-chain address associated with Buterin now holds a total of 2.113 million STRK units, worth about $809K.

Buterin has in the recent past reiterated his commitment to the Ethereum network and the larger ecosystem for long-haul prosperity. As a result, Buterin indicated that he has not liquidated any of his top crypto holdings since 2018, thus qualifying as a long-term whale investor.

“I haven’t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are valuable, either within the Ethereum ecosystem or broader charity (eg. biomedical R&D),” Buterin noted.

As a result, Buterin has instilled confidence in the Starknet network, which has grown to a robust permissionless decentralized validity rollup in recent months.

Starknet Price Ready to Moon

Starknet price has been trapped in a falling trend for the past five months in a similar fashion as Bitcoin (BTC) and most altcoins. However, the $STRK price

Read the rest of this post, which was originally published on Coinspeaker.

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