Ethereum (ETH) Co-Founder Withdraws Deposits from Kraken

JH Kim

Summary

Ethereum co-founder Jeffrey Wilcke reportedly withdrew $262 million worth of Ethereum deposited to Kraken.
Wilcke moved the Ethereum to 8 new wallets.
Lookonchain explained that this transfer might be a simple wallet movement rather than for selling purposes.

According to Lookonchain on the 20th (local time), an address suspected to belong to Ethereum (ETH) co-founder Jeffrey Wilcke withdrew Ethereum (ETH) worth $262 million, which had been deposited to Kraken about an hour ago, and moved it to 8 new addresses.

Meanwhile, Lookonchain explained that this transfer might be a simple wallet movement rather than for selling purposes.

ETH

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

Ethereum (ETH) Co-Founder Withdraws Deposits from Kraken

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