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TechFlow, May 20 — According to on-chain analytics platform Lookonchain, after Jeffrey Wilcke deposited Ethereum into the Kraken exchange, eight newly created wallets withdrew a total of 105,736 ETH (approximately $262 million) from the exchange.
Lookonchain analysis suggests that Jeffrey Wilcke may not intend to sell the ETH, but rather transfer it to other wallets.
According to on-chain analytics platform Lookonchain, after Jeffrey Wilcke deposited Ethereum to the Kraken exchange, eight newly created wallets withdrew a total of 105,736 ETH (approximately $262 million) from the exchange. Lookonchain analysis suggests that Jeffrey Wilcke may not intend to sell ETH, but rather is transferring it to other wallets.
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