Whale Deposits Another 15,000 ETH ($38.39M) to Kraken, Holds $69.7M in ETH
17 hours ago, a large whale with wallet 0x682 deposited 15,000 ETH (worth $38.39M) to Kraken:
Address: 0x682aa4ecb9c8ea51b22433189e979cad3f958711
This whale remains a major ETH holder, with 26,639 ETH (valued at $69.7M) in its wallet and an estimated total profit of $132M (+86%).
Whale's History:
In late 2022, the whale withdrew 96,639 ETH from Coinbase at an average price of $1,580 (estimated cost: $153M).Since March 6, 2024, the whale has deposited 70,000 ETH to Kraken at an average price of $3,069 (totaling $215M).
Notably, the last two large deposits were made just before sharp price drops:10,000 ETH ($34.2M) on July 25, just before a 7.6% price drop.15,000 ETH ($39.7M) on August 20, just before a 2.5% price drop.
This whale's activity is drawing attention, especially for its timing around significant market movements.
