👉👉Ethereum Founder Makes Fourth This Year: He Took It to the Stock Exchange When the Price Rises 👈👈
Ethereum Founder Jeffrey Wilcke Sells 20,000 ETH: Total Sales in 2024 Exceed $148 Million
Ethereum co-founder Jeffrey Wilcke transferred approximately 20,000 ETH ($72.5 million) at a time when ETH prices were on the rise.
According to Spot On Chain data, this transaction was Wilcke's fourth major ETH sale in 2024.
Total Sales in 2024 Exceeded $148 Million
Wilcke sold a total of 44,300 ETH (approximately $148 million) throughout 2024. The average price of these sales was calculated as $3,342. Today's sale took place during a strong period in terms of Ethereum's market value.
These large sales made by the founder of Ethereum usually attract the attention of market participants. Wilcke's transfer to the Kraken exchange may have the potential to create short-term selling pressure on the price. However, considering Ethereum's strong fundamental dynamics, these sales are thought to have a limited impact on long-term price movements.
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