Ethereum

<p>A prominent Ethereum ICO whale has been making waves in the crypto market with significant transfers to Kraken. According to recent data, the whale, who initially received 150,000 $ETH during the Ethereum ICO, has deposited 50,000 <a href="https://blockchainreporter.net/ethereum-eth-price-prediction-100000/" rel="noopener noreferrer nofollow">$ETH</a> worth approximately $125.38 million to Kraken since September 23. SpotOnChain, an on-chain analytical platform, revealed this series of $ETH transactions through its official X account.</p><h2 id="header-0">Whale’s Latest Ethereum ($ETH) Deposit to Kraken Exchange</h2><p>In a new development, this whale transferred another 5,000 ETH, valued at $12.1 million, to Kraken just minutes ago. This recent transaction adds to the large-scale movements the whale has conducted in the past 15 days. These deposits have been carried out at an average price of $2,508 per ETH, indicating a strategic move to offload Ethereum during this period of volatility.</p><p>Over the past two weeks, the whale has moved a staggering 50,000 ETH to Kraken, hinting at potential market strategy shifts. These significant transactions raise questions about the whale’s future moves, as 89,450 ETH remains in their portfolio, worth $216.8 million.</p><h2 id="header-1">Current Portfolio Breakdown of the Ethereum ICO Whale</h2><p>The whale’s remaining portfolio is well diversified. It includes 48.775K wrapped staked Ether (WSTETH), 25.016K ETH, 4.242K Rocket Pool ETH (RETH), and 8.584K <a href="https://rocketpool.net/" rel="noopener noreferrer nofollow">Rocket Pool</a> (RPL), with the total portfolio valued at $211.674 million, reflecting a minor decrease of 10.98%.</p><p>Regardless of these large deposits, the whale is still holding 89,450 $ETH valued at approximately $216.8 million. This substantial remaining $ETH balance suggests that the whale is still maintaining a significant position in Ethereum, leaving much speculation in the market about his future transactions.</p>

Ethereum ICO Whale Deposits 50,000 $ETH to Kraken Over 15 Days

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