Ethereum Co-Founder Evaluated the Rise, Sold a Large Amount of ETH!

While Bitcoin surpassed $52,000, the largest altcoin Ethereum surpassed $2,750.

Taking advantage of this rise in ETH, Jeffrey Wilcke, one of the first Ethereum co-founders, moved 10,000 ETH (worth $27 million) to Kraken today.

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Jeffrey Wilcke, Ethereum co-founder, moved 10,000 ETH ($27M) to Kraken this morning.https://t.co/CfKYwAvi6j pic.twitter.com/vRqN6Ej6iH

— Arkham (@ArkhamIntel) February 14, 2024

The ETH co-founder transferred 4,300 ETH (worth $10.75 million) to Kraken four days ago.

While Wilcke transferred a total of 14,300 ETH ($38.27 million) to Kraken, he currently holds more than 135,000 ETH (worth $373 million).

ETH continues to trade at $2,757 at the time of writing.

*This is not investment advice.