Jeffrey Wilcke transferred 105,736 ETH valued at approximately 262 million USD to Kraken on May 19, 2025, marking his first transaction to the exchange since November 2024.
Following the transfer, eight new wallets withdrew similar amounts from Kraken, leading to speculation about Wilcke’s intentions, although there was no evidence of a sale.
ETH is currently fluctuating between 2,332 USD and 2,742 USD, with analysts suggesting a potential rally towards 4,000 USD if certain resistance levels are overcome.
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