Bitcoin OG Moves $2.17 Million in BTC to Kraken Exchange

Onchain Lens reports a significant deposit of 4,500 ETH after a two-year inactivity, continuing a trend of Ethereum transfers into Kraken since June 2025.

BTC
ETH

Summary

On October 5, Onchain Lens reported that an Ethereum OG deposited 4,500 ETH, worth $20.4 million, into Kraken. This followed a total of 5,502 ETH worth $23.38 million moved over the last four months, with the individual still holding 3,051 ETH valued at $13.8 million.

Terms & Concepts
  • Ethereum OG: A long-time Ethereum holder, often one of the earliest adopters or miners of the cryptocurrency.
  • Kraken: A major cryptocurrency exchange offering trading, funding, and custodial services for various digital assets.