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News Explorer — Ethereum Whale Just Moved $24 Million From the ICO Era

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Jul 1, 12:12 pm

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Ethereum Whale Just Moved $24 Million From the ICO Era

After more than six months of inactivity, a whale from the Ethereum ICO era has reemerged by transferring 7,000 ETH, worth $24.28 million, to the Kraken exchange. This notable holder still retains 40,000 ETH valued at approximately $139.5 million. Additionally, a U.S. government wallet transferred 3,375 ETH, worth about $11.75 million, to an unknown address, raising questions about the potential uses of these funds.

After more than six months of inactivity, a whale from the Ethereum ICO era has reemerged by transferring 7,000 ETH, worth $24.28 million, to the Kraken exchange. This notable holder still retains 40,000 ETH valued at approximately $139.5 million. Additionally, a U.S. government wallet transferred 3,375 ETH, worth about $11.75 million, to an unknown address, raising questions about the potential uses of these funds.

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