Ethereum

2024

Million

Spot

The possibility of the SEC approving spot Ethereum ETFs has increased, leading to a rally in ETH price. At this point, while the ETH price was experiencing an increase of more than 23% in the last few days, the ETH step came from Ethereum co-founder Jeffrey Wilcke. 
While sending large amounts of crypto to exchanges in the cryptocurrency market is generally interpreted as a sale, Jeffrey Wilcke transferred 10,000 ETH worth $37.38 million to the cryptocurrency exchange Kraken today. 
Wilcke, who evaluated the rise in ETH and sold profits, continues to hold a significant amount of ETH despite these large transfers. 
According to Spot On Chain data, Wilcke currently holds 126 thousand ETH worth $473 million. 
<blockquote> 
 “Ethereum co-founder Jeffrey Wilcke deposited 10,000 ETH (worth $37.38 million) into Kraken ~2 hours ago at an average price of $3,738. 
 Since the beginning of 2024, he has deposited 24,300 ETH worth $75.52 million on Kraken at an average price of approximately $3,108, and the last deposit was made before the price started to rise! 
 Currently, Jeffrey Wilcke still has 126 thousand ETH ($473 million). 
</blockquote> 
Ethereum continues to trade at $3,803 at the time of writing. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> co-founder Jeffrey Wilcke (<a href="https://twitter.com/jeffehh?ref_src=twsrc%5Etfw">@jeffehh</a>) deposited 10,000 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> ($37.38M) to <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw">#Kraken</a> at $3,738 ~2hrs ago. 
 Since the start of 2024, he has deposited 24,300 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> to Kraken at ~$3,108 ($75.52M), with the last deposit done before the price started to soar! 
 Currently, Jeffrey… <a href="https://t.co/sERRId8yfj">pic.twitter.com/sERRId8yfj</a> 
 — Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1793442765885657146?ref_src=twsrc%5Etfw">May 23, 2024</a>
</blockquote> 
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*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/big-transfer-from-ethereum-co-founder-however-the-473-million-threat-continues/">Big Transfer from Ethereum Co-Founder! However, the $473 Million Threat Continues!</a>

Big Transfer from Ethereum Co-Founder! However, the $473 Million Threat Continues!

Bitcoin Sistemi EN

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