Three New Wallets Suspected to Be One Whale Withdraw 4,303 ETH From Kraken

Three new wallets, suspected to be controlled by a single whale (large crypto holder), withdrew 4,303 ETH worth $8.67 million from Kraken, according to blockchain analytics platform Lookonchain. The transfers were reported to have occurred about four hours earlier. Large withdrawals from exchanges can indicate a move to self-custody (holding assets in private wallets), though the source only identifies the transaction activity and the suspected wallet linkage.

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