Dormant Whale Moves 711 ETH to Kraken After Year-Long Silence

This content contains potentially risky contract addresses

A notable #Ethereum whale has made a surprising move, sending 711 ETH — worth approximately $3.17 million — to crypto exchange Kraken after remaining inactive for over a year.

On-chain data shows that just four minutes before this substantial deposit, the same wallet also sent a small 0.01 $ETH ($44.52) transaction to the same Kraken deposit address. While small in value, this initial transfer could have served as a test transaction before executing the larger move.