#MarketPullback @Ethereum

๐Ÿšจ Ethereum Co-Founder Just Moved $6M $ETH to Kraken โ€“ Wake Up, Market! ๐Ÿšจ

Jeffrey Wilcke โ€” one of Ethereumโ€™s OG co-founders โ€” just dropped 1,500 ETH (~$6M) onto Kraken.

This isnโ€™t just noiseโ€ฆ this is history repeating:

๐Ÿ“Œ Pattern Check:

๐Ÿ”ธ Aug 2024 โ†’ $9.22M ETH moved

๐Ÿ”ธ 2020 โ†’ $262M ETH sent to exchanges

Every time Wilcke moves, the market listens. ๐Ÿ‘€

๐Ÿ’ก Why You Should Care:

โœ… Exchange deposit = potential sell pressure (vs. hodl cold wallets)

โœ… Cofounder move > random whale move โ€” these guys hold untouched reserves

โœ… ETH is near $4K โ€” timing like this often signals profit-taking

$ETH

๐Ÿ“Š $6M wonโ€™t crash $ETH alone โ€” but itโ€™s the signal that matters.

Big players move first, market reacts later.

๐Ÿ”‘ Takeaway: This could be a hedge, a rebalance, or a sell โ€” but ignoring insider moves in this zone = playing blind.

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@Ethereum Classic @Ethereum World News

#ETH #Ethereum #ETHWhales #BossMode