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.
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.