ETH Co-founder Moves 10K ETH To Kraken 

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

May 23, 2024 15:26

Jeffrey Wilcke, the Ethereum co-founder has reportedly moved 10,000 ETH to Kraken exchange, valued at $37.38 million. This is part of a series of large transactions made by Wilcke, who has in total transferred 24,300 ETH to Kraken since the start of 2024. This activity has drawn significant market attention as his most recent deposit of 10k ETH transfer occurred just before the significant ETH price surge. Notably, Ethereum has risen over 30% since the week’s beginning and is currently trading at $3,815.