Interesting on-chain data surfaces. A wallet address associated with V God transferred 330 ETH to Paxos 11 hours ago, worth approximately $1.02 million at the time.
This address has quite a history—over two years ago, it received a transfer of 50.1 ETH from V God’s public address vitalik.eth. Since January of this year, this is the second time this address has topped up tokens to Paxos, the stablecoin issuer.
Large ETH deposits usually indicate that the holder may be preparing for subsequent actions, whether trading, staking, or other strategic adjustments. Such on-chain movements are always worth the attention of market participants.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
5
Repost
Share
Comment
0/400
HodlVeteran
· 10h ago
Hi, I'm back to digging into V神's wallet. Folks, I've seen this routine too many times.
Sending 330 ETH into Paxos is either to dump the market or to exchange for USD and run away. Anyway, it's never a good sign.
I used to watch the market like this back in the day, and I got cut pretty badly. My advice now: when you see large deposits to exchanges, just get out.
Did V神 transfer funds two years ago? Man, that connection alone should raise suspicion.
Really, in this bear market, don't overthink it. Hold onto your coins and don't go all-in chasing trends.
View OriginalReply0
SolidityStruggler
· 01-11 03:25
Another V神's wallet? Man, your logical connection is pretty impressive.
View OriginalReply0
DEXRobinHood
· 01-11 03:21
Is this guy stockpiling stablecoins again? Is Vitalik's circle of friends also starting to hype up a run?
View OriginalReply0
MEVSandwich
· 01-11 03:21
Huh, V神's funds are moving again? This time it's serious, right?
---
330 ETH poured into Paxos, is this guy about to make a move?
---
Could it be some new operation again? Let's wait and see the follow-up.
---
On-chain transparency is a good thing, but it also makes people a bit nervous...
---
Paxos? Stablecoin? Planning to exchange for USD or what?
---
Had contact two years ago, and now it's happening again. This address is indeed meticulous.
---
Whale movements are always signals, just not sure what the signals point to.
---
$1.02 million transferred in a flash, really has too much idle money.
---
This is the second deposit, is it a regular "harvesting"? Haha.
---
I just want to know if he's bottom-fishing or running away.
View OriginalReply0
TokenDustCollector
· 01-11 03:15
Throwing in 330 ETH at once, is this guy trying to dump the market or buy a large order?
Interesting on-chain data surfaces. A wallet address associated with V God transferred 330 ETH to Paxos 11 hours ago, worth approximately $1.02 million at the time.
This address has quite a history—over two years ago, it received a transfer of 50.1 ETH from V God’s public address vitalik.eth. Since January of this year, this is the second time this address has topped up tokens to Paxos, the stablecoin issuer.
Large ETH deposits usually indicate that the holder may be preparing for subsequent actions, whether trading, staking, or other strategic adjustments. Such on-chain movements are always worth the attention of market participants.