PANews|Dec 02, 2025 00:48
[A whale transfers over 10,000 ETH to Kraken, possibly ending a five-year holding cycle]
According to Onchain Lens monitoring, a whale converted 10,176 ETH (approximately $28.69 million) after holding synthetic Ethereum (SETH) for over 100 days and transferred all of it to the Kraken exchange. This address can be traced back to five years ago, when it withdrew 21,086 ETH worth $7.35 million, and subsequently returned to the exchange in batches over time.
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