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Ethereum Whale Deposits 1,763 ETH Worth $5.33 Million into Kraken

The recent withdrawal of 14,982 ETH by an unidentified whale highlights substantial market activity, raising total withdrawals to 103,274 ETH since October 10.

ETH

Summary

An unidentified whale has withdrawn 14,982 ETH, valued at approximately $51.29 million, from Kraken. This withdrawal increases the total from this address to 103,274 ETH since October 10, resulting in an accumulated profit of $63 million.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contracts.
  • Kraken: A prominent cryptocurrency exchange known for trading various digital assets, including Ethereum.
  • whale: An individual or entity that holds a large amount of cryptocurrency, capable of influencing market prices.