Vitalik Buterin's PAXOS deposits 330 ETH, second consecutive transaction of the year

defi_detective · 2026-01-21T10:57:41+00:00

Recent large token deposits linked to Vitalik Buterin's address on Phaxos have drawn attention to his on-chain activities. A recent transfer of 330 ETH (approximately $980,000) marks only the second time his address has sent tokens to Phaxos since 2025, reflecting a consistent transactional relationship. This trend is crucial for understanding Buterin's position in the Ethereum ecosystem and his asset management strategy.

defi_detective

2026-01-21 10:57:41

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Vitalic Buterin’s associated address has deposited a large amount of tokens into Phaxos(, drawing renewed attention to his on-chain activity. On-chain analyst Ai Yi) has reported that the address related to Vitalik recently transferred 330 ETH(, worth approximately $980,000), to Phaxos about 11 hours ago.

Terin’s Phaxos deposits accelerate this year

This transaction marks the second time since 2025 that a Vitalik-related address has deposited tokens into Phaxos. Notably, this address also received 50.1 ETH from the publicly known address vitalik.eth about two years ago. This indicates that Buterin has maintained a consistent trading relationship with Phaxos.

Considering the current ETH price is around $2.97K, the recent deposit of 330 ETH represents a significant transaction. On-chain data tracking Buterin’s address activity serves as an important indicator of his position and asset management approach within the Ethereum ecosystem.

Recent activity patterns of Vitalik, strategic moves through Phaxos transactions

These consecutive deposit records reflect that Terin is strategically utilizing the Phaxos platform. From the initial deposit two years ago to the recent large-scale transaction, Vitalik Buterin’s on-chain movements have been a subject of analysis within the cryptocurrency community. Industry experts regard this address tracking data as a crucial source for understanding the asset allocation and platform preferences of key figures.

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