TechFlow news, September 2 — According to on-chain analyst Ai Aunt (@ai 9684xtpa), a whale who obtained 1 million ETH during the ETH ICO withdrew 13,600 ETH (approximately $47.01 million) from the Kraken exchange between July 14 and August 4 at an average price of $3,457. This marks the first time in two years that this address has withdrawn ETH from an exchange rather than selling it. Subsequently, between August 18 and August 28, the investor sold 5,300 ETH on-chain at an average price of $4,152, profiting $3.68 million from this swing trade.
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