<p>Today, the ETH price went even lower, a large transaction took place by an early <a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" data-type="post" data-id="66941">Ethereum</a> ICO participant. According to <a href="https://spotonchain.com/" target="_blank" rel="noopener">SpotOnChain</a>, this individual deposited 5,500 $ETH to the Kraken exchange. The value of this Ethereum is about $19.3 million.</p> 
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   <p lang="en" dir="ltr">Just before the <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> further plummeted 3hrs ago, an <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Ethereum</a> ICO participant deposited 5.5K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> ($19.3M) to <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Kraken</a>.<br><br>Notably, the whale:<br><br>• received 150K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> in 2015 at an ICO price of $0.31 ($46.6K),<br><br>• deposited a total of 10K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ETH</a> ($35.4M) to Kraken in the past 2 days,… <a href="https://t.co/fzswTXi3yx" target="_blank">pic.twitter.com/fzswTXi3yx</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1802905260371140817?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 18, 2024</a>
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<h2 class="wp-block-heading" id="early-ethereum-whale-invests-46-5k-in-2015-now-worth-476m">Early Ethereum Whale Invests $46.5K in 2015, Now Worth $476M</h2> 
<p>This huge whale has been invested on Ethereum from the time of its ICO in the year 2015. At that time, they received 150,000 $ETH at an ICO price of $0.31 per $ETH which made the total investment equals to $46,500.</p> 
<p>In two days, the whale continues to pay 10000 $ETH, which is equivalent to $35.4 million, to Kraken. However, even at these impressive staking levels, the whale remains an Ethereum holder or a staker of Ethereum. The funds held include 139,000 Ether worth about $476 million, spread across eight wallets.</p> 
<h2 class="wp-block-heading" id="market-watches-as-early-ethereum-whale-shifts-holdings">Market Watches as Early Ethereum Whale Shifts Holdings</h2> 
<p>The fact that early investors move this sort of Ethereum volume usually sparks interest within the cryptocurrency community. It can mean many things about market strategies such as profiting, or positioning for further market swings.</p> 
<p>Such movements by major holders are capable of altering trading behaviors and the overall market sentiment especially given the current volatile nature of Ethereum. Analysts will wait to see how these steps do impact Ethereum’s price in the future days.</p> 
<p>This case represents the significance of the permanent presence of early investors in the market of cryptocurrencies and their role in the existing trading platform.</p>

Ethereum Whale Moves $19.3 Million Worth of ETH to Kraken

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