Ethereum co-founder Jeffrey Wilcke has exchanged $75.2 million worth of Ether to Kraken, raising theory around a potential advertise rectification. On-chain information appeared that Wilcke sent 20,000 Ether eth-0.21% Ethereum to the California-located centralized crypto trade Kraken. The inspiration for Wilcke’s move was obscure, but an trade store as a rule signals a arrange to offer. Community individuals highlighted that Wilcke’s past exchanges have in some cases gone before cost decreases in Ethereum. For occasion, on Jan. 6, 2021, Ethereum’s cost fell after Wilcke kept 15,000 ETH. Essentially, on Feb. 11 and Feb. 14, 2024, his developments of 4,300 ETH and 10,000 ETH, separately, were taken after by cost drops. In spite of the later exchange, Wilcke still holds 106,006 ETH, esteemed at over $384 million, agreeing to LookOnChain.
