Notably, Whale Alert reported several other transactions today involving Kraken and an unknown wallet. Kraken transferred 1.89 million LINK ($31.2 million) to an unmarked address at 11:16 UTC and 680 BTC ($78.4 million) at 09:31 UTC. Notably, all of these transactions involved the transfer of cryptocurrency from Kraken's cold wallet to various exchanges. As of this writing, the specific reasons behind these transactions are unclear. However, their direction suggests they may have been intended to provide liquidity, potentially leading to a sell-off due to the market crash.