- Vitalik Buterin’s latest receipt of 6.29 million $STRK tokens marks another major release under Starknet’s structured vesting program.
- The new unlock follows a similar event in 2024, when Buterin transferred 2.1 million $STRK tokens to Binance, suggesting a repeating trend in post-unlock movements.
- This event highlights Starknet’s disciplined token distribution plan and reaffirms transparency through verifiable on-chain activity.
Ethereum co-founder Vitalik Buterin’s wallet, vitalik.eth, received 6.29 million $STRK tokens valued at approximately $1.01 million. The transfer marks a new token unlock after a year, suggesting a vesting schedule tied to previous allocations. The unlocked amount originated from Starknet’s distribution, reflecting the continued release of tokens to key early participants.
The $STRK tokens, valued at current market rates, became available for movement following a one-year lockup period. The pattern mirrors earlier releases that followed similar timelines for network contributors. The transfer reinforces the ongoing token allocation plan within the Starknet ecosystem.
Blockchain data shows the tokens were sent directly to Buterin’s Ethereum address from an official distribution source. The wallet activity occurred transparently on-chain, confirming the authenticity of the transaction. The transfer immediately gained attention because of its similarity to prior events.
Previous $STRK Movements and Exchange Activity
Buterin received 2.1 million $STRK tokens valued at nearly $798,000. Records indicate that he later moved those funds to Binance on November 6, 2024. The transactions occurred when $STRK traded at $0.38 per token.
The movement of tokens to an exchange wallet suggested a possible liquidation or redistribution. The sequence of transactions was visible on public explorers such as Etherscan and Arkham Intelligence. Each transfer matched identifiable addresses linked to Buterin and Binance.
The recurrence of these transfers has created a consistent pattern in Buterin’s interaction with $STRK distributions. While not unusual, the timing continues to align with token unlock cycles. The latest unlock now raises questions about a potential repeat of past activity.
Market Context and Broader Implications
$STRK serves as Starknet’s governance and utility token within its scaling infrastructure for Ethereum. Its scheduled to unlock tokens gradually among developers, contributors, and advisors. These releases maintain fairness while preventing large, sudden market inflows.
The 2025 unlock aligns with Starknet’s ongoing development milestones and expansion goals. Each release follows predetermined timelines confirmed in earlier public schedules. The consistent adherence reinforces confidence in the project’s structured token economy.
Overall, Buterin’s receipt of $STRK underscores his long-term involvement with Ethereum’s scaling ecosystem. The recent movement may influence token flow within the Starknet network. However, the transfer remains a regular event in accordance with planned token distributions.
Disclaimer: The information in this press release is for informational purposes only and should not be considered financial, investment, or legal advice. Coin Crypto News does not guarantee the accuracy or reliability of the content. Readers should conduct their own research before making any decisions.
