#AltcoinMomentum

Ethereum developer and co-founder Jeffrey Wilcke sent 20,000 ETH (~$72.5 million) to the Kraken Bitcoin exchange. This was noted by Spot On Chain.

Experts noted that the transaction occurred against the backdrop of the cryptocurrency price growth, as a result of which the rate approached $3,700.

According to their data, this is the fourth sale of large batches of ether by the programmer since the beginning of the year. Their total volume was 44,300 ETH ($148 million) with an average price of $3,342.