$ETH : New Wallet Receives $1.48B in ETH from Kraken Hot Wallet
A newly created wallet, just a week old, has received 329,444 ETH (worth $1.48B) from Kraken’s hot wallet.
The owner of this wallet hasn’t been confirmed yet. It could be an external whale, but it’s also possible that the funds still belong to Kraken and the transfer reflects internal reshuffling or cold storage management.
Large movements like this always catch market attention. They can influence liquidity and often spark speculation about exchange strategies or the positioning of major holders.
What do you think — is this just Kraken reorganizing reserves, or could we be seeing a new whale making a major entrance into ETH?
ETHUSDT
Perp: 4,473.92
