Vitalik Buterin Announces: Is This Mystery of Ethereum Trading Solved?


Vitalik Buterin, one of the founders of Ethereum, made a statement about the strange Ethereum transactions made recently.

On June 10, a very interesting transaction was made on the Ethereum network. One (?) User paid a $ 2.5 million transaction fee to make an almost $ 350 transaction. One day after this operation was done, a similar operation was made with the same address . The transaction fee this time was $ 2.6 million.

Yesterday, a similar operation was done again, but this time it was done at a different address. In addition, the transaction fee paid was lower than previous transactions. While the transaction costs of 2.5 million and 2.6 million dollars were paid in the first two transactions, 550 thousand dollars transaction fee was paid in yesterday’s transaction .

The crypto money community has been trying to unravel the mystery of 3 transactions made in Ethereum for several days. Vitalik Buterin, one of the founders of Ethereum, closely follows the subject and tries to understand why these transactions might have been done.

Is Mystery Solving?

Some social media users say that these actions may have been done by mistake . More precisely, it was thought so after the first operation. But people began to think that it was no longer a coincidence when similar procedures were carried out on June 11 and 12.

Some people think that these transactions may be done by a stock exchange or a different financial institution. But why does a crypto exchange perform such a transaction is unknown. In addition, it is said that these transactions may be done by someone trying to evade taxes . But Vitalik Buterin has a different proposition.

Buterin, one of the founders of Ethereum, thinks that these transactions were carried out by a group of hackers. According to his estimates, hackers hacked a cryptocurrency exchange and gained partial access to the wallet’s exchange . But since they cannot access the wallet completely, they cannot withdraw money from the wallet, they can only use the wallet to send small amounts of money.

That’s why the hackers use the wallet of the exchange and ‘ trade’ and pay huge transaction fees of $ 2.5 million for these transactions. In this way, they blackmail the stock market and give the message ‘either give the money we want or empty your wallet like this’.


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