Investor who bought ETH nine years ago deposits 6,369 ETH to Kraken
- —6,369 ETH worth about $15.95 million moved to Kraken
- —The investor originally bought ETH nine years ago at $14
- —The deposit was made roughly 40 minutes before the report
Why it matters: Moving a large profitable position to an exchange can signal preparation to sell and add pressure on ETH price.
Source: PANews