Ethereum Whale Sends $19 Million to Kraken Amid Market Slump

An Ethereum ICO participant has been actively sending large sums to cryptocurrency exchange Kraken, a pattern observed over the past week. This early investor has deposited approximately $19 million worth of ETH in just seven days, totaling almost $43.9 million across multiple transfers. The wallet’s recent activity is attracting attention as it contrasts with its drastically reduced holdings from around $844,000 to just 197 ETH.