Whale Alert: 7,866 ETH Withdrawn from Kraken – Current Holdings Total 16,872 ETH Worth $75.35 Million

On August 17th, **COINOTAG News** reported a significant movement in the **Ethereum** market, as a notable **whale** address withdrew **7,866 ETH** from the **Kraken** exchange. This transaction, valued at approximately **$34.99 million**, underscores the strategic maneuvers of high-net-worth crypto investors. Presently, this particular whale address boasts a total holding of **16,872 ETH**, equating to roughly **$75.35 million**. Such withdrawals can influence market liquidity and reflect broader trends in **institutional investment** within the cryptocurrency space. As Ethereum continues to evolve, monitoring large transactions like this one becomes crucial for understanding market dynamics and investor sentiment.

‘,
‘

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,
‘

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!

‘
];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();