In step with breaking news, Ethereum founder Vitalik Buterin has supplied a trim quantity of Wrapped Ethereum (WETH), as considered in onchain knowledge.
WETH is a cryptocurrency pegged to the designate of $ETH and can even be exchanged with $ETH at a 1:1 ratio.
Vitalik Buterin appears to be like to contain sent WETH to Cow Protocol and withdrawn PYUSD stablecoin in return. The dimensions of the sales reportedly reached $2.5 million within the closing hour. Alternatively, Buterin made various sales at intervals in the course of the day.
*Right here’s no longer investment advice.
