A whale that acquired 200,000 ETH from Ethereum’s genesis block in 2015 is nearing the end of its exit from the market. It transferred 48,687 ETH (approximately $171.78M) to Kraken over the course of 2024. Only 7,594 ETH ($25.72M) remain in its wallet. These sales come at a time when Ethereum is trading between $3,328.47 and $3,410.29. The whale’s strategic exit is a notable development for the market. 📉