Ethereum co-founder transferred $41 million to the Kraken exchange

Ethereum (ETH) Cryptocurrency News
Ethereum (ETH) Cryptocurrency News

The address controlled by Ethereum co-founder Jeffrey Wilke transferred 22,000 ETH (~$41.1 million at the time of the transaction) to the Kraken crypto exchange.

According to The Block, multiple sources, including analytics platforms Nansen and Arkham, have labeled the wallet as owned by Wilke.

The Ethereum co-founder last transferred assets from this address in November 2020. Then he sent 15,000 ETH to the same platform – approximately $9.1 million at the time.

In December 2019, he indirectly confirmed that he had transferred 92,000 ETH (~$11.9 million) to the Kraken exchange.

At the time of writing, the wallet holds over 150,000 ETH worth about $280 million.

Some members of the crypto community assumed on Twitter that Wilke could block sent coins from staking. However, it is unlikely that the co-founder of Ethereum will use a centralized exchange for this purpose, noted one of the users.

Recall that in May, an unknown address, bought during ICO 8000 ETH (~$14.7 million), transferred all funds to another wallet.

In April, 6071 BTC, held for nine years, began to move.

The previously unknown address moved 2.04 million DOGE that had been stored since December 31, 2013.

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