According to data monitored by the on-chain data analysis platform Spot On Chain, the wallet address held by Jeffrey Wilcke, tagged as the co-founder of Ethereum, transferred 20,000 ether coins (ETH) to the Kraken exchange one hour ago, worth Approximately $72.5 million.

If Wilcke transferred the coins to the exchange for sale, then this was the fourth time he sold Ethereum in 2024. The total amount sold was 44,300 ETH, worth approximately US$148 million, and the average selling price was US$3,342. .

Data shows that Jeffrey Wilcke still holds 106,000 ether coins, worth approximately $384 million.

Jeffrey Wilcke,#Ethereumco-founder, deposited 20,000 $ETH ($72.5M) to#Kraken30 minutes ago, just as $ETH made a strong comeback today!This is the fourth time he unloaded $ETH in 2024, totaling 44,300 $ETH ($148M) at an average price of $3,342.Follow @spotonchain now and… https://t.co/zriXX9jbKD pic.twitter.com/iDEeptqrKI

— Spot On Chain (@spotonchain) November 28, 2024

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