They are selling & you're buying??? don't get fooled.. just short on eth 100x...

i m bearish

Jeffrey Wilcke, an Ethereum co-founder, deposited 9,840 ETH (~$41M) to Kraken. Possibilities include:

- Selling for fiat/other assets, per his history of divestments.

- Portfolio reallocation or diversification.

- Using Kraken services like staking or lending.

- Funding projects or personal needs.

Market impact likely minimal given ETH's liquidity.

@Grok