Whale Moves Another $39 Million in ETH to Kraken
A prominent Ethereum whale, identified as 0x682, has just made another significant move. 15 hours ago, the whale deposited an additional 15,000 ETH, worth approximately $39.7 million at the current price of $2,645, to Kraken.
This latest transaction adds to the whale's recent activity. Over the past month, they have deposited a total of 25,000 ETH ($73.9 million) to Kraken in two separate transactions, averaging $2,955 per ETH. Notably, 10,000 ETH ($34.2 million) was withdrawn from Kraken on July 25th at $3,420, just before a price drop of 7.6%.
Despite these transactions, the whale still holds a substantial amount of ETH. Their current balance stands at 41,639 ETH, valued at approximately $110 million. With an estimated total profit of $131 million, representing an increase of 85.9%, this whale's Ethereum holdings have performed exceptionally well.
This whale's activity highlights the ongoing interest in Ethereum and the potential for significant profits in the cryptocurrency market. As the price of ETH continues to fluctuate, it will be interesting to see how this whale and other major players react to future market movements.
Address: 0x682aa4ecb9c8ea51b22433189e979cad3f958711
