Ramazan Eles 
Vitalik Buterin, co-founder of Ethereum (ETH), made headlines today by unlocking and withdrawing 1.268 million STRK tokens, valued at approximately $470,000, from Starknet’s Locked Token Grant contract.
Known for his influential statements and actions that often positively impact the market and specific altcoin prices, Buterin’s latest move has caught the attention of the crypto community.
According to recent reports, Buterin unlocked and withdrew $469,510 worth of StarkNet’s (STRK) tokens.
As one of StarkNet’s early individual investors, Vitalik Buterin claimed the STRK tokens that had been reserved and locked for him, transferring them to his wallet.
Data from Arkham shows that Buterin unlocked and moved 1.268 million STRK (worth $469,510) from Starknet’s Locked Token Grant address, starting with 0xAcc, to his Gnosis Safe Proxy address, beginning with 0x220.
Currently, Buterin holds a total of 2.113 million STRK, valued at around $781,000, making it the second most valuable asset in his wallet after ETH.
Although Buterin has not yet made any transactions with the over 1 million STRK tokens, the community is speculating on his next move.
While his decision to unlock and transfer the STRK tokens raises the possibility of a future sale, analysts believe that a $470,000 sale is unlikely to significantly impact the price, given STRK’s daily volume and market cap.
In addition to Ethereum (ETH) and STRK, Buterin’s wallet also contains various other altcoins, including WETH, KNC, SDOG, and DEGEN.
STRK, which had spiked to $7 following its listing on Binance in February before dropping to around $1, has seen a recent price increase. At the time of writing, it is trading at $0.38, up 5% in the last few hours.
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