Ethereum co -founder Jeffrey Willek may want to sell some of his Ether Holdings after sending about 1, 1500 ETH to the Crypto Exchange Crackon on Thursday.
According to the upper analtics platform Lokonchain, Wilke sent the Crypto Exchange worth about $ 6 million worth of 1,500 Ether (ETH). This came when Ether’s price dropped from $ 4,000 to $ 3,900.
Transferring cryptocurrency to the Exchange Deposit address does not guarantee that it is being sold.
In August, Wilk deposited $ 9.22 million worth of ethics to Krikan. Earlier, he had sent Krikan a moral worth $ 262 million. At that time, Lokonchain had speculated that it had withdrawn the same amount of money on the eight newly -made wallet instead of selling.
However, Vilke has then posted a user’s comment on X, which speculates that “he will sell more in the future.”
The Quintel Graph reached Wilk for comment, but did not hear his voice until the time of publication.
In addition to being a co -founder, Wilk played an active role in the early development of Ethereum from December 2013 to March 2018. He later founded a video game studio, grid games in January 2018, and is currently serving as CEO and Technical Director.
Ether whales are eliminating ETH by bucket load
Anyway, the current fund Movement is yellow than buying the recent Ether Whale.
Despite the ongoing market misery, which has seen the price of ETH 13 % in the last seven days, the wheel is apparently using this opportunity to eliminate ETH at a lower price.
Related: Last opportunity for Ethereum? ETH price sample breaks down because K 4K must be
According to Lokonchain, at least 15 wallets have been purchased in more than 406,000 ETHs in the last two days, worth $ 1.6 billion.
The wallet has purchased ETH from Crypto Exchange Crack, Digital Infrastructure Provider Galaxy Digital, Digital Asset Services Provider, and Digital Asset Broker Falcanics.
Earlier this month, a wheel was seen selling billions of dollars worth of bitcoin in exchange for Ethereum, with Wheel’s ETH more than $ 4 billion.
Last month, the wheel purchased more than 260,000 ETHs between August 24 and August 26, worth $ 1.14 billion.
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