Carefully! Crypto whales transferred to exchanges $ETH worth $109 million.

The moneybags, who first received 120,900 ETH in 2017 worth $400.9 million at the current rate, transferred $41.7 million worth of ETH to Kraken;

From the wallet to which ETH was sent in 2017, all remaining coins worth $39.1 million were transferred to Binance;

ETH worth $28.2 million was transferred from the crypto storage facility, which has been holding Ethereum since 2021, to Binance.

This is not the first time the trader who completed the second transaction has sold Ethereum on Binance. He first sent $108 million worth of ETH to the trading platform when the asset price was $3,312, and then withdrew $80 million worth of stablecoin Tether (USDT), suggesting that he sold at least part of the cryptocurrency on the exchange.