One of Ethereum’s Founders Sold Again During the Downturn – Here Are the Details

A wallet believed to belong to Ethereum (ETH) co-founder Jeffrey Wilcke transferred 1,500 ETH (approximately $5.99 million) to the Kraken ￰0￱ the past week, the same wallet sent a total of 2,500 ETH ($10.3 million), with transactions averaging $4,124. The wallet currently holds 2,058 ETH ($8.23 million). Today, the price of ETH briefly dropped below $4,000. Related News: Ripple's Chief Legal Officer Makes Statement Addressing the Future of All Cryptocurrencies The massive investor movement wasn't limited to ￰1￱ whale sold 233,094 Chainlink (LINK) to receive 4.85 million USDC and then deposited 10,000 LINK ($209,000) worth of the tokens on the OKX exchange.

Meanwhile, notable buying occurred on the HyperLiquid ￰2￱ the last two hours, a whale deposited 5.3 million USDC to purchase 127,113 HYPE tokens at $41.73. Furthermore, after a nine-month hiatus, another whale purchased 6 million USDC worth of ￰3￱ investor currently holds 285,466 HYPE ($12.99 million), generating $7.16 million in unrealized ￰4￱ is also an additional 2.06 million USDC available for purchase in the wallet. *This is not investment ￰5￱ Reading: One of Ethereum’s Founders Sold Again During the Downturn – Here Are the Details