CandleFocus Ethereum ICO whale transfers 5,000 ETH to Kraken after selling $113M in two weeks
2024-10-08
Author: Content Editor
An Ethereum whale, who initially received 150,000 ETH from the project's ICO, has sold another 5,000 ETH on the Kraken exchange. This follows a series of previous sell-offs by the whale, totaling 45,000 ETH over the past two weeks, amounting to $113.2 million. The whale has sold a total of 60,000 ETH from their original holdings, earning $149.68 million. However, they still hold 94,540 ETH, valued at roughly $230.3 million, which includes staking income. The whale's recent move coincides with a 3% drop in ETH's price in the last 24 hours.
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