
Despite the recent sell-off, a dormant Ethereum (ETH) whale has reemerged, transferring 7,000 ETH worth approximately $13 million to Kraken. This sudden move coincides with ETH plummeting to $1,760, marking its lowest point since October 2023.
It is crucial for ETH traders to closely monitor exchange inflows given the current turbulence in risk assets.
Source: https://ambcrypto.com/dormant-eth-whale-awakens-13m-in-eth-moves-to-kraken-amid-market-turbulence/