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.