Whale Withdraws 1,979 ETH From Kraken After Month of Accumulation

According to Lookonchain, the Ethereum whale bought 1,979 ETH worth $4.14 million and accumulated 8,662 ETH worth $18.05 million over the past month, with the latest purchase occurring eight hours earlier.

ETH

Summary

Blockchain tracking service Lookonchain reported that an Ethereum whale bought 1,979 ETH worth $4.14 million in its latest transaction, which occurred about eight hours before the report. Over the past month, the same wallet accumulated 8,662 ETH with a total reported value of $18.05 million. The new report updates the monitoring source and slightly revises the estimated dollar values attached to both the latest purchase and the month-long accumulation.

Terms & Concepts
  • Whale: A wallet or investor holding a large amount of cryptocurrency, often large enough to draw market attention when buying, selling, or moving funds.
  • Ethereum: A blockchain network whose native cryptocurrency is ETH, widely used for payments, smart contracts, and decentralized applications.
  • ETH: The native token of Ethereum, used to pay transaction fees and transfer value across the network.