🚨A whale (most likely Jeffrey Wilke) has just deposited 792,000 ETH (worth $157 million) into Kraken.
Three wallets, 0x16Cb7E, 0xe9c8, and 0xC90C8,
transferred the 792,000 ETH to wallet 0x38a2C, which deposited the entire amount into Kraken approximately an hour ago.
Interestingly, these wallets withdrew the exact same amount from Kraken about 10 months ago, roughly coinciding with activity from one of Wilke's known wallets.
This suggests that the ETH may have been scattered across multiple wallets and is now flowing back into exchanges.
Ten months ago, ETH was priced at around $2,600.
If this is indeed a repositioning or sell-off by Wilke, it could put short-term pressure on ETH.
What do you think? You can trade ETH on multiple decentralized exchanges (DEXs) 👉
#ETH #hupzy
Address Link: