ICO whale who bought 100,000 ETH at $0.31 sends $2.4M to Kraken
An Ethereum ICO participant who acquired 100,000 ETH at $0.31 each has moved another 1,000 ETH, worth roughly $2.4 million, to Kraken. Onchain trackers flagged the transfer, which follows prior selling by the same wallet. Traders watch large OG deposits to exchanges as a potential signal of incoming sell pressure on ETH.