A whale transferred 15,000 ETH to Kraken 11 hours ago, about 39.7 million US dollars

BlockBeats news, on August 21, according to Spot On Chain monitoring, in the past month, a whale transferred 25,000 ETH (about 73.9 million US dollars) to Kraken before two significant price drops:

• 11 hours ago, it transferred 15,000 ETH (about 39.7 million US dollars) to Kraken at an average price of 2,645 US dollars, and then the ETH price fell by 2.5%.

• On July 25, it transferred 10,000 ETH (about 34.2 million US dollars) to Kraken at an average price of 3,420 US dollars, and then the ETH price fell by 7.6%.

The whale still holds 41,639 ETH (about $107 million), with an estimated total profit of $131 million (+85.9%).