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Ethereum ICO whale further sent 3,500 ETH ($9.2M) to Kraken

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3.5K

ETH

Ethereum ICO participant 0xB8c/0xb1e just deposited another 3,500 ETH ($9.2M) to Kraken:

 

Since its return after 3 months of inactivity on September 23 (4 days ago), the whale has deposited 12,010 ETH ($31.35M) via 3 transactions to Kraken at an average price of $2,610 (more details here). Notably, the ETH price dropped with a lag after the whale's first 2 deposits.

 

Currently, the Ethereum ICO whale still holds and stakes 127,440 ETH ($343M) across 8 wallets.

 

Fig 1. The Ethereum ICO participant 0xB8c entity deposited 12,010 ETH ($31.35M) to Kraken in the past 4 days.

 

Fig 2. The current ETH holding of the Ethereum ICO participant 0xB8c entity.

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