Two wallets, 0xa60 and 0x540, which belong to the Ethereum ICO participant 0xB8c, just deposited another 25,000 ETH ($65.66M) to Kraken in the last 25 minutes:

• transaction 1: 0x89563ad9948a82ad2d7c8c0b339b23a0923dbd01668fb0a572274a8e07445cdc
• transaction 2: 0xbf56886f89f9981080e0806ee80f13ac181bc671dac02186cbdbd953ca9d43d6
• address 1: 0xa60c073eaa1bdc3f56af8a9292b9a1e6d3c7e5b7
• address 2: 0x5406217655c8debe51774c08a0a7cb516ba2f122
• These addresses belong to the entity Ethereum ICO participant 0xB8c

Notably, this marked the whale's comeback after a month of inactivity. Previously, the whale deposited a total of 50,000 ETH ($125.38M) between September 23 and October 10, 2024, during which the ETH price dropped by as much as 14.5%, from $2,713 to $2,319.

Currently, this Ethereum ICO whale still has 64,450 ETH ($169.3M) left.

Fig 1. The Ethereum ICO participant 0xB8c entity has deposited 75,000 ETH ($191.1M) to Kraken since September 23, 2024.

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