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Ethereum ICO whale moved 7,000 ETH ($12.9M) to Kraken amid crash

Outflow

Total tokens transferred

Token ETH

7.000K

ETH

Whale 0x2eb (linked to Ethereum ICO participant 0x478) just further deposited 7,000 ETH ($12.94M) to Kraken at $1,849, after 5 months of silence:

 

Notably:

  • The Ethereum ICO participant 0x478e524Ef2A381d70C82588a93Ca7a5fa9d51CBF received 254,908 ETH (then worth $79K) on July 30, 2015, at an ETH ICO price of $0.311, and later transferred 106,089 ETH to the whale "0x2eb" mentioned above on October 27, 2015.
  • Whale 0x2eb last unloaded 3,000 ETH ($7.64M) to Kraken on October 24, 2024, when the price was $2,546. Overall, the whale deposited a total of 10,000 ETH to Kraken in 2024, at an average price of $3,201 ($32M).

 

Currently, Whale 0x2eb holds 30,070 ETH ($56M).

 

The ETH price dropped 3.08% in the past hour, reaching a new one-year low.

 

Fig 1. The last 4 ETH transactions of Whale 0x2eb (linked to Ethereum ICO participant 0x478).

 

Fig 2. Whale 0x2eb (linked to Ethereum ICO participant 0x478) has moved 17,000 ETH ($44.95M) to Kraken since January 1, 2024.

 

Fig 3. The current ETH holding of Whale 0x2eb (linked to Ethereum ICO participant 0x478).

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#crash
#price drop