- 14,000 ETH were sent to different exchanges by whales in the last 24 hours.
- ETH’s price remained in an uptrend despite the whale moves.
Over the past 24 hours, Ethereum [ETH] whales have made significant movements that affected the flow of assets into exchanges. Which direction are these whales headed?
How much are 1,10,100 ETHs worth today?
Ethereum whales activate wallets
A recent report from Lookonchain highlighted a noteworthy Ethereum whale transaction. This particular whale, who initially participated in the Initial Coin Offering (ICO), deposited 6,000 ETH, valued at nearly $10 million, into the Kraken exchange.
Notably, this whale had acquired 254,908 ETH during the ICO phase at an approximate price of $0.31 per ETH. These holdings have now appreciated significantly, reaching a value exceeding $422 million at the press time market price.
A whale deposited 6,000 $ETH ($9.96M) into #Kraken 50 minutes ago.
This whale is an Ethereum ICO participant, receiving 254,908 $ETH($422.6M currently), the ETH ICO price is ~$0.31.https://t.co/f0Ob9tqPqc
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Author: Adewale OlarindeDid you like this?
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