Yesterday's cryptocurrency prices dropdown was accompanied by activity of ICO era whales. One of them moved 25% of his virtue to the Kraken exchange in a single transaction.Unknown Ethereum whale who received 67,000 Ethers during its initial coin offering back in 2015 initiated a monstrous transfer to Kraken, Chinese crypto journalist Colin Wu says.
A whale address that received 67k ETH from the Ethereum Foundation address in 2015 transferred 15,200 ETH to Kraken today. This address received 200k ETH in the Ethereum Genesis block. It currently holds 41,000 ETH…The transaction was registered on June 7, 2024. In total, the account transferred the equivalent of roughly $56.1 million to the large centralized exchange.has $152.3 million worth of Ether for selling, the public explorer's data says.
In 2020-2021, the account sent to centralized exchanges a gargantuan amount of crypto: In six transfers, it moved over 150,000 Ethers or over $553 million.A large part of this dump was immediately exchanged for 4.81 million DAI, averaging $2,725 per ETH. In the largest liquidation wave in months, yesterday, Ethereum traders lost over $50 million in short and $5 million in long positions, CoinglassSupermoon, OORT, Ammocrypt, & Sunrise Hosted 1,000+ Founders, Builders, Investors during Consensus 2024
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