Markets· ★★· bearish·

Whale unstakes 3,659 ETH and sends 5,513 ETH worth $14.97M to Kraken

  • —3,659 ETH worth $9.93M unstaked after a year of staking
  • —5,513 ETH worth $14.97M transferred to Kraken
  • —Exchange deposit made 10 minutes after the unstaking
Why it matters: A large ETH transfer to an exchange often signals intent to sell and can weigh on the asset's price.
Source: PANews