Ethereum whale pinosaur(.)eth has unstaked all 9,618 $ETH, worth about $24.58 million, and deposited the funds into Kraken.
Some of the wallet’s ETH was reportedly bought at around $50, giving it a substantial position after holding for years.
A transfer to an exchange does not necessarily mean a sale, but such a large movement may indicate the holder is preparing to take action on the position.
Transfers of this size can shift short-term liquidity and provide useful clues about how major ETH holders are handling their funds.
#Ethereum #Altcoin Season# #ETHBlockchain
Some of the wallet’s ETH was reportedly bought at around $50, giving it a substantial position after holding for years.
A transfer to an exchange does not necessarily mean a sale, but such a large movement may indicate the holder is preparing to take action on the position.
Transfers of this size can shift short-term liquidity and provide useful clues about how major ETH holders are handling their funds.
#Ethereum #Altcoin Season# #ETHBlockchain