Wallet Linked to Ethereum ICO Participant Deposits $ETH to Kraken

A wallet associated with an Ethereum ICO participant has made a significant deposit:

Recent Deposit:

Amount: 8,518 ETH

Value: $32.5M

Average Price: $3,811

Time: ~4 hours ago

Wallet 0x771 Activity:

Received: 29,519 ETH on March 17, 2024, from a larger batch of 100,000 ETH.

Origin:

Ethereum ICO participant 0xc348fc5a461323b57be303cb89361b991913df28, who received the tokens at the Genesis block on July 30, 2015, at an ICO price of $0.311 per ETH (totaling $31.1K).

Previous Deposit:

6,307 ETH to Kraken on April 8, 2024, at an average price of $3,628 (totaling $22.9M), just before a sharp price drop.

Current Holdings:

Total ETH: 14,644

Value: $55.82M

Address:

0x77179080c8f265a93e25ae29b99446c5eb2d4558