The whale who obtained 150,000 ETH through ICO transferred 5,000 ETH to CEX four hours ago

According to on-chain analyst Yu Jin, a whale that acquired 150,000 ETH through an ICO transferred another 5,000 ETH (worth $12.22M) to Kraken 4 hours ago. Over the past two weeks, they have sold 45,000 ETH at an average price of $2,516. So far, the whale has sold 60,000 ETH from the 150,000 acquired through the ICO:

- 5,000 ETH sold in July 2019 at $218 ($1.09M)
- 10,000 ETH sold in June 2024 at $3,539 ($35.39M)
- 45,000 ETH sold from September to October 2024 at $2,516 ($113.2M)

The whale currently holds 94,540 ETH ($230.3M), including 4,540 ETH earned from staking on platforms like Lido and Rocket Pool.