Whale Realizes 20x Profit with $2,538 ETH Transfer to Kraken

A significant Ethereum transaction has sparked discussion about the market dynamics of whales and long-term investment strategies. A large whale transferred approximately 2,538 ETH to Kraken, marking a 20x profit from holding these assets during Ethereum’s early years. This move involved dormant ICO-era holdings, which have been increasingly active as recent market conditions have shifted.