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Ethereum Whale Deposits over 11.5k Ethereum Tokens To Kraken!

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By on December 9, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Ethereum Whale Deposits over 11.5k Ethereum Tokens To Kraken! appeared first on Coinpedia Fintech News

As per the latest reports, a diamond-hand whale with wallet address “0x682” deposited its remaining 11,639 ETH tokens worth $46.37 million to the Kraken cryptocurrency exchange. Reportedly, this whale had previously withdrawn 96,639 Ethereum tokens from the Coinbase exchange with an average buy price of ~$1,580 in September 2022. Later, this whale deposited its all holdings to Kraken between March 2024 and December 2024 at an average price of ~$3,080. Notably, if these were actual trades, the whale would land with an estimated profit of $145 million or +95% in 2.25 years.

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