Opinion: The 100,000 ETH pieces transferred to Kraken by Ethereum co-founder Jeffrey Wilcke may not have been sold and are suspected to have been transferred to a new wallet
Crypto 7x24
2025-05-21 00:23:28
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According to online analytics platform Lookonchain, eight newly created wallets extracted a total of 105,736 Ethereum ($262 million) from the Kraken exchange after Jeffrey Wilcke deposited Ethereum. Lookonchain analysis suggests that Jeffrey Wilcke may not have intended to sell ETH, but simply transfer it to other wallets.
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