As a seasoned researcher with years of experience in the dynamic world of cryptocurrencies, I find this recent move by Ethereum co-founder Jeffrey Wilcke intriguing. With a life filled with blockchain breakthroughs and digital gold rushes, it’s no surprise that Wilcke continues to navigate the market with calculated moves.
According to reports, the co-founder of Ethereum, Jeffrey Wilcke, transferred around 20,000 Ether (valued at roughly $72.5 million) to the Kraken digital asset trading platform.
Shortly following Ethereum reaching a peak value of approximately $3,600 today, as per information from Arkham Intelligence, the transaction took place.
In 2024, this transaction represents Wilcke’s fourth transfer and amounts to 44,300 Ether, which equates to around $148 million. On average, each Ether was sold for approximately $3,342. Despite selling off a portion of his holdings, Wilcke still retains roughly 106,000 Ether, currently valued at an estimated $382 million.
As an analyst, I observed that based on CoinGecko’s data, Ethereum experienced a surge toward approximately $3,700 early Thursday. However, the upward momentum seemed to wane, leading to a minor retreat. Currently, Ethereum is trading at around $3,566, demonstrating a modest 1% growth over the past 24 hours.
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2024-11-28 19:48