Ethereum co-founder Jeffrey Wilcke could search to sell some of his Ether Holdings after sending nearly 1,500 ETH to Crypto Exchange Kraken on Thursday.
Wilcke sent 1,500 ether (Eth), worth nearly $ 6 million, in the crypto exchange, According to In the onchain analytics platform lookonchain. It came as the price of the ether dropped from $ 4,000 to around $ 3,900.
Moving cryptocurrency to an exchange deposit address does not guarantee it for sale.
In August, Wilcke had Deposited $ 9.22 million worth of ETH to Kraken. He had previously sent $ 262 million worth of ETH to Kraken. At this time, the lookonchain -haka -haaka -haka Stop retreating The same value in eight newly created purses, rather than selling.
However, Wilke has Repost A user’s comment on X thoughts that “he will sell more in the future.”
Cointelegraph handed Wilcke to comment, but was not heard again at the time of publication.
In addition to being a co-founder, Wilcke plays an active role in the early development of Ethereum from December 2013 to March 2018. He later established Grid Games, a video game studio, in January 2018, and currently serves as CEO and technical director.
Ether Whales rides in ETH by bucketload
The recent Wilcke fund movements are pale compared to the recent Ether whale purchase.
Despite the continued collapse of the market, seeing the price of Eth Tumble 13% In the past seven days, whales seem to use this opportunity to spy up ETH at a lower price.
Related: Last chance for Ethereum? ETH price pattern will break because $ 4K should handle
At least 15 Dompets bought more than 406,000 ETHs, worth $ 1.6 billion, over the past two days, according to the lookonchain.
Wallets buy ETH from Crypto Exchange Kraken, digital infrastructure provider Galaxy Digital, Digital Asset Services Provider, and Digital Asset Broker Falconx.
Earlier this month, a whale saw that selling billion -billions of dollars worth of Bitcoin in exchange for Ethereum, along with the Whale’s eth holds more than $ 4 billion.
Last month, whales bought more than 260,000 ETH, worth $ 1.14 billion Between August 24 and August 26th.
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