💰 $262M in $ETH Hits Kraken

Former Ethereum co-founder Jeffrey Wilcke just sent 105,736 ETH — worth around $262 million — straight to Kraken’s hot wallet. 👀

Yep, this is one of the biggest ETH exchange deposits we’ve seen in a while.

Why it matters:

- Moves like this usually signal a possible sell-off

- And when it comes from someone tied to Ethereum’s core team? The market pays extra attention

Historically, Ethereum-related insider moves often trigger sharp price swings, not just for ETH… but for altcoins too

⏳ Watch the charts closely.

This could either be a quiet transfer — or the start of some serious volatility.

#ARK @Arkham #Kraken