PANews reported on July 8 that according to monitoring by on-chain analyst Ember, an address that withdrew 96,638.9 ETH (US$151.41 million) from Coinbase at a price of US$1,567 in September 2022 transferred 10,000 ETH (approximately US$30.43 million) to Kraken more than 20 minutes ago.

He transferred a total of 30,000 ETH ($103.15 million) to Kraken in the past four months, with an average price of $3,438.

He realized a profit of $56.13 million (+119%) from his 30,000 ETH, and currently holds 66,638.9 ETH (US$202.94 million).