BlockBeats News, July 17th, according to on-chain data analyst Ying Jun's monitoring, a whale/institutional address withdrew 7,980 ETH (approximately $26.86 million) from Kraken again 5 hours ago.
Since the 10th of this month, this address has withdrawn a total of 88,292 ETH (approximately $250 million) from Kraken, with an average withdrawal price of $2,831. Currently, it has an unrealized gain of $49.5 million.
The analyst stated that this address is a new address and only interacts with Kraken's hot wallet. It may be the address of a U.S. stock company with an ETH reserve plan but has not disclosed the address.