$2 billion in ETH has been prepared by Kraken's cold wallet for activation.

16 hours ago, Kraken Deposit Wallet withdrew 456k ETH ($1.7B) from Kraken's hot wallet.

This move follows Kraken's cold wallet transferring a total of 550k ETH ($2.08B) to Kraken's hot wallet.

Historically, every time Kraken transferred a large volume of ETH from its cold wallet to its hot wallet, it marked a period before ETH price experienced significant positive movement in the medium term.

This action from Kraken's cold wallet serves as an important hint for ETH's upcoming performance. Will history repeat itself with this transfer of over $2B in ETH, the largest amount ever activated by Kraken?

#eth

$ETH