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Ethereum Whale Moves $171M to Kraken

Ethereum Whale Transfers Over $171 Million in ETH to Kraken

  • An Ethereum ICO participant transferred 48,687 ETH to Kraken, valued at $171.78 million.
  • The average transfer price was $3,528 per ETH.
  • The investor originally collected 200,000 ETH from Ethereum’s genesis block in 2015.
  • Only 7,594 ETH worth $25.72 million remains with the whale after continuous sales.
  • An inactive Ethereum genesis wallet moved a small amount of ETH after nearly a decade.

An Ethereum whale associated with the genesis block has sent significant amounts of ETH to Kraken this year, totaling over $171 million. The investor’s remaining holdings are expected to be depleted soon after years of sales.

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