Ethereum Cofounder Moves 105,736 ETH To Kraken; Is A Sell Off Ahead?

Ethereum Cofounder Moves 105,736 ETH To Kraken; Is A Sell Off Ahead?

Ethereum cofounder Jeffrey Wilcke has triggered a wave of pessimism for ETH after a hefty asset transfer to Kraken. On-chain data reveals that Wilcke moved 105,736 ETH to Kraken, stoking concerns of a mass sale, but a closer look paints a benign picture. Investors Raise Eyebrows After An Ethereum Cofounder Transfers 105,736 ETH Jeffrey Wilcke, one of Ethereum’s eight cofounders, has moved almost all of his ETH holdings to the Kraken exchange. Ac…

Ethereum Co-Founder Transfers $262M in ETH to Kraken, Sparking Sell-Off Fears

Ethereum co-founder Jeffrey Wilcke has transferred 105,732 ETH, worth approximately $262 million, to crypto exchange Krakenraising market concerns over a potential large-scale sell-off. Data from Arkham Intelligence revealed the transaction occurred at block height 22524638, with a minimal fee of 0.000063 ETH ($0.16). While its unclear if the wallet had been dormant, the timing of the movejust as Ethereum rebounded 1.56% to $2,490.44has surprise…

Ethereum Cofounder Moves $262 Million to Kraken, What's Happening?

About $262 million worth of Ethereum possibly at risk of sell-off on Kraken

Ethereum Co-Founder Jeffrey Wilcke Transfers 105,737 ETH, Suspected Liquidation, to Kraken

Ethereum co-founder Jeffrey Wilcke has transferred $262 million worth of ETH, amounting to the last 105,737 ETH, to the cryptocurrency exchange Kraken, according to data from Arkham. This move is suspected to be a liquidation.Wilcke, who left his Ethereum-related work in 2019 to start his own gaming company, has been moving ETH to Kraken since 2016. To date, he has transferred a total of 394,000 ETH to the platform, selling them at an average pr…

Ethereum Co-Founder Sparks Interest with Major Crypto Move

BTC drops from 105,000 to 104,000 dollars after U.S. market opens. Continue Reading:Ethereum Co-Founder Sparks Interest with Major Crypto Move The post Ethereum Co-Founder Sparks Interest with Major Crypto Move appeared first on COINTURK NEWS.