According to multiple sources, an Ethereum whale has been moving significant amounts of ETH to Kraken. This whale reportedly made a $173 million profit after depositing 10,000 ETH worth $34.2 million on Kraken just before a price drop.
This whale had previously withdrawn 96,639 ETH from Coinbase at $1,580 per ETH in September 2022. Since March, the whale has transferred nearly 40,000 ETH to Kraken and still holds 56,639 ETH, currently valued at approximately $188 million
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