On February 25th, COINOTAG News reported the activity of a significant Ethereum whale, identified as the “Ethereum ICO 20,000 ETH Ancient Whale,” which transferred an impressive 3,046 ETH to Kraken approximately nine hours ago. The transaction, valued at around $8.16 million, was executed at a remarkably low cost of just $0.31 per ETH. Over the past 24 hours, this entity has liquidated a total of 6,046 ETH, translating to approximately $16.34 million. Following these transactions, the whale retains a substantial holding of 1,024 ETH. This movement underscores the ongoing dynamism in the Ethereum market, emphasizing the critical role such investors play in shaping liquidity and market trends.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-recharge-3046-eth-moves-to-kraken-amid-16-34-million-in-sales/