According to on-chain analyst Yu Jin's monitoring, a whale that obtained 200,000 ETH from the Ethereum genesis block in 2015 transferred 3,370 ETH ($11.37 million) to Kraken 9 hours ago.

This year, he has moved a total of 48,687 ETH ($171.78 million) into Kraken, with an average outflow price of $3,528.

However, after 8 years of gradual selling, he has almost sold all of his ETH. Currently, there are only 7,594 ETH ($25.72 million) left, and with 1-2 more sales, he could clear it all.