Ethereum

Bitcoin

Million

Arkham

The largest altcoin, Ethereum (ETH), has had a more lackluster performance compared to Bitcoin over the year.
However, ETH has recently recovered and has surpassed $3,600, increasing by over 4% in the last 24 hours.
This increase also motivated Ethereum co-founder Jeffrey Wilcke.
While sending large amounts of crypto to exchanges in the cryptocurrency market is generally interpreted as selling, Jeffrey Wilcke transferred 20,000 ETH worth $72.5 million to the cryptocurrency exchange Kraken today.
Evaluating the rise in ETH and selling profits, Wilcke continues to hold a significant amount of ETH despite these large transfers.
According to Arkham data, Jeffrey Wilcke currently still holds 106,000 ETH worth approximately $384 million.
<blockquote>
 “Ethereum co-founder Jeffrey Wilcke invested 20,000 ETH ($72.5M worth) in Kraken as Ethereum made a strong comeback today!
 This is the fourth ETH sale in 2024, bringing the total ETH sold to 44,300 ETH ($148 million) at an average price of $3,342.
</blockquote>
<img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-159916" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/11/Ekran-Resmi-2024-11-28-15.54.37.png" alt="" width="765" height="617">
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/ethereum-co-founder-sold-large-amount-of-eth-but-380-million-risk-remains/" rel="noopener noreferrer nofollow">Ethereum Co-Founder Sold Large Amount of ETH! But $380 Million Risk Remains!</a>

Ethereum Co-Founder Sold Large Amount of ETH! But $380 Million Risk Remains!

Bitcoin Sistemi EN

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