An anonymous whale address that participated in the Ethereum (ETH) ICO recently deposited 5,000 ETH (roughly $12.22 million) to Kraken. This address has sold a total of ~45,000 ETH (~$113 million) in the past two weeks. The address received 150,000 ETH in the Ethereum ICO and has sold ~60,000 ETH in total so far. This could be a sign that some early Ethereum investors are starting to take profits. It is also possible that the address is preparing to sell a larger amount of ETH in the future.
Ethereum ICO Address Deposits $12.22M ETH on Kraken
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