"The sleeping whale awakens! The first sell-off after three years, tens of millions of ETH are swayed to Kraken!"

According to on-chain data, a legendary whale who bought 24,957 ETH at an average price of $10.35 in early 2017 sold assets for the first time after three years of silence. Just 30 minutes ago, he transferred 6,250 ETH (about $20 million) to the Kraken exchange, and the market may usher in a wave of violent shocks!

Current whale holdings:

The current account holds 14,722 ETH remaining, worth about $47.39 million. The starting position of 24,957 ETH was accumulated at a price of less than $10.5, which means that his current average income has soared hundreds of times!

The meaningful signal behind it:

The timing of this whale's move is intriguing. Does it mean a cautious attitude towards the future trend of the ETH market, or a re-positioning at the top of the sell-off? In any case, the movement of big funds deserves our high attention.

The market is about to surge, and smart investors never ignore the dynamics of whales. Follow Lao Lin and take you to grasp the market mystery at the first time!

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