Markets· ★★· bearish·

Early ETH whale who bought 200K ETH at $80.97 moves 1,000 ETH to Kraken

  • —Deposit to Kraken: 1,000 ETH worth roughly $2.4 million
  • —Average purchase price of the 200,000 ETH stash was $80.97
  • —The whale previously sold ETH at $3,800 and $1,537
Why it matters: A transfer from a large early holder to an exchange can signal selling intent and weighs on ETH sentiment.
Source: PANews