A wallet believed to belong to Ethereum (ETH) co-founder Jeffrey Wilcke transferred 1,500 ETH (approximately $5.99 million) to the Kraken exchange. Over the past week, the same wallet sent a total of 2,500 ETH ($10.3 million), with transactions averaging $4,124. The wallet currently holds 2,058 ETH ($8.23 million). Today, the price of ETH briefly dropped below $4,000. Related News: Ripple's Chief Legal Officer Makes Statement Addressing the Future of All Cryptocurrencies The massive investor movement wasn't limited to Ethereum. One whale sold 233,094 Chainlink (LINK) to receive 4.85 million USDC and then deposited 10,000 LINK ($209,000) worth of the tokens on the OKX exchange. Meanwhile, notable buying occurred on the HyperLiquid exchange. In the last two hours, a whale deposited 5.3 million USDC to purchase 127,113 HYPE tokens at $41.73. Furthermore, after a nine-month hiatus, another whale purchased 6 million USDC worth of HYPE. This investor currently holds 285,466 HYPE ($12.99 million), generating $7.16 million in unrealized profits. There is also an additional 2.06 million USDC available for purchase in the wallet. *This is not investment advice. Continue Reading: One of Ethereum’s Founders Sold Again During the Downturn – Here Are the Details
