Odaily Planet Daily reports, according to AI Aunt monitoring, Ethereum co-founder Jeffrey Wilcke appears to have sold 79,300 ETH, valued at $157 million. After seven months of inactivity, his addresses have become active again, with four addresses transferring a large amount of ETH to Kraken five minutes ago; he currently holds 27,400 ETH on-chain, with a total value of $54.37 million.
ETH Co-Founder Allegedly Sells $157 Million Worth of ETH
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Summary
On-chain trading signals indicate that ETH co-founder Jeffrey Wilcke allegedly sold 79,300 ETH, valued at $157 million. This marks his first on-chain activity in seven months, with four addresses transferring large amounts to Kraken. Whale activity is now under scrutiny, as he still holds 27,400 ETH, worth $54.37 million.
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