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by: xpoolPosted on: August 11, 2025

Ethereum Whale Transfers $8.55 Million to Kraken: Market Implications?

A major Ethereum investor from the 2015 Initial Coin Offering (ICO) has deposited a substantial sum – $8.55 million in ETH – onto the crypto exchange Kraken. This move comes amidst bullish momentum for Ethereum, which has surged by up to 22% within the past weeks and is currently trading at around $4,250. Analysts attribute this spike to expanding DeFi applications and increasing institutional interest.

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  3. Ethereum Breaks $4K Barrier, Driving DeFi Gains and Attention to Mutuum Finance
  4. FG Nexus Invests $200 Million in Ethereum to Acquire 10% Stake
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