The Return of the Ethereum Whale: A 6,000 ETH Splash Back to Kraken
Once an early believer in Ethereum, the whale behind wallet 0xbf4e47672b9418865bb27147d1b09fcb00573c06 made headlines again by resuming hefty ETH deposits. This enigmatic figure received a massive 150,000 ETH in 2015 during Ethereum's ICO, when ETH was valued at just $0.31âa mere $46,600 investment at the time.
Fast forward to today, and this whale has since unloaded 55,000 ETH at an average price of $2,501, pocketing an impressive $137.6 million. In a masterstroke, they sold 10,000 ETH in June 2024, just before a sharp price drop, and offloaded another 40,000 ETH in the last 11 days, raking in $101.1 million.
Now, the whale has made their latest move, sending 6,000 ETH ($14.15 million) to Kraken, hinting at another potential shift in the market. Despite these significant transactions, they still hold and stake a staggering 99,450 ETH ($234.5 million) across eight wallets, quietly watching from the depths of the blockchain ocean.
