Ethereum co-founder Jeffrey Wilcke has made a notable transaction in the crypto market by depositing 20,000 ETH, valued at $72.2 million, into Kraken. This move was executed at an average price of $3,608. Wilcke's strategic decision comes after his previous deposit in May 2024, when he transferred 10,000 ETH worth $37.3 million before a significant market downturn. Despite these transactions, Wilcke retains a substantial holding of 106,006 ETH, valued at approximately $384 million. This activity underscores a positive outlook for Ethereum's market potential.