Giant Whale Moves 3,000 ETH from Kraken Amid Market Downturn

Address: 0x78d070de6735ef2f21d0a6532a9ae254cae0aecf

Recent Activity:

Withdrawal: 3,000 ETH ($7.27M) from Kraken at $2,424 each (3 hours ago)

Total ETH Held: 36,000 ETH ($87.4M)

Overall Record:

Total Withdrawn: 37,880 ETH from Kraken at an average price of $2,458 ($93.1M) since May 24, 2024

Recent Withdrawals: 5,000 ETH ($11.8M) in the past 3 days during the market downturn

Deposits Back to Kraken: 1,880 ETH at $3,362 ($6.32M) on March 1, 2024 (5 months ago)

Despite holding a significant amount of ETH, this whale’s total profit is estimated at only $574K (+0.62%), indicating a cautious approach in a volatile market.