5 minutes ago, Ethereum co-founder Jeffrey Wilcke transferred the last 105,737 ETH from the address to Kraken ($262.07M), suspected of liquidating.

Since 2016, Jeffrey Wilcke has continuously transferred ETH to Kraken, totaling 394,000 ETH sold to Kraken so far. Average price $1,295, total cash amount approximately $510 million.

What a disaster, no wonder the market is in chaos today.