TechFlow news, on January 16, according to monitoring by @EmberCN, a whale/institutional address transferred 20,000 ETH (approximately $67.59 million) to Kraken 30 minutes ago.
It is reported that this address previously withdrew 120,874 ETH (approximately $199.1 million at the time) from Kraken in September 2022 when the price of Ethereum was $1,647.
Over the past eight months, this address has transferred a total of 50,000 ETH (approximately $167.4 million) to Kraken at an average price of $3,348, realizing profits of $85.05 million. The address currently still holds 70,874 ETH (approximately $239.8 million).
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