Ethereum Co-Founder Jeffrey Wilcke Transfers 20,000 ETH Worth $72.5M to Kraken, Retains 106,000 ETH Valued at $384M

Nov 28, 2024, 12:46 PM

Jeffrey Wilcke, a co-founder of Ethereum, has transferred 20,000 ETH, valued at approximately $72.5 million to the cryptocurrency exchange Kraken. The transaction occurred at 19:59 UTC+8 on November 28, 2024. Following this transfer, Wilcke retains a significant holding of 106,000 ETH, which is currently worth about $384 million. This move highlights ongoing activity within the Ethereum network as well as the liquidity management strategies employed by its founders.