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Vitalik Buterin transfers 2.1 million STRK tokens, sparking selloff concerns

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Summary
Nutrition label

63% Informative

Vitalik Buterin recently moved 2.1 million Starknet tokens , valued at around $858.7 K, to a new wallet.

This comes a day after he unlocked 1.268 million of STRK tokens, worth $ 470 K, from the Starknet Locked Token Grant contract.

This move has sparked concerns of a potential selloff among investors.

Despite the recent massive transfer, STRK price remains stable, with trading volume soaring 32% to $100.32 million .

VR Score

47

Informative language

40

Neutral language

67

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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