Jeffrey Wilcke transferred 20,000 eth to Kraken on November 28.
Wilcke sold a total of 44,300 eth in 2024, maintaining a position of approximately 106,000 eth.
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A wallet connected to ethereum co-founder Jeffrey Wilcke moved 20,000 eth worth $72.5 million to the Kraken crypto exchange, according to data tracked by Arkham Intelligence. The transfer took place shortly after the price of ethereum surpassed $3,600 this morning.
Source: Arkham Intelligence
This is Wilcke's fourth transfer this year, with a total of 44,300 eth sold for approximately $148 million, with an average sale price of around $3,342.
Despite a reduction in holdings, Wilcke still owns approximately 106,000 eth, valued at around $382 million based on current market prices.
Source: Arkham Intelligence
<a target="_blank" href="https://www.coingecko.com/en/coins/ethereum” target=”_blank” rel=”noopener nofollow noreferrer”>Data CoinGecko shows that ethereum made a strong push towards $3,700 early on Thursday, but the momentum stalled, causing a slight pullback. It is currently trading at $3,587, up almost 3% in the last 24 hours.
Source: CoinGecko
This is a developing story.
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