Ethereum co-founder Jeffrey Wilcke has recently drawn significant attention due to his substantial Ethereum ($ETH ) transactions.

Jeffrey Wilcke, one of Ethereum’s co-founders, has been making notable transactions with his vast $ETH holdings.

Wilcke initially received 463,203 ETH from the Ethereum Foundation, valued at approximately $1.67 billion today. Here’s a breakdown of his activity:

Before the 2021 Bull Market:

Wilcke transferred 290,505 ETH (around $55M at an average price of $190 per ETH) to exchanges.

During the 2021 and 2022 Bull Markets:

Despite ETH’s massive rally, Wilcke did not deposit any ETH into exchanges during this period, raising speculation about his long-term strategy.

Deposits Resume in 2023:

On June 5, 2023, he resumed transferring ETH to exchanges, depositing a total of 66,300 ETH (worth $189.5M) at an average price of $2,859 per ETH.

Current Holdings:

Wilcke still holds 106,000 ETH, valued at approximately $384M at current prices