Ethereum Sees Price Surge as Founder’s Recent Sell Actions Spark Interest

Ethereum has experienced a significant price rally recently, with its current value hovering around $4,217. This surge comes alongside an interesting development involving Jeffrey Wilcke, one of Ethereum’s co-founders and key developer of the Go Ethereum (Geth) client. Wilcke recently transferred 9,840 ETH ($9.22 million) to the Kraken exchange, just hours ago. Prior to this transaction, he also moved a larger amount of ETH into new wallets in a three-month period. These actions have sparked discussions regarding potential market movements.