$ETH

Ethereum co-founder Jeffrey Wilcke transfers $262M in ETH to Kraken — but no need to panic

Jeffrey Wilcke sent 105,736 ETH (worth $262 million) to Kraken, causing market speculation about a possible sell-off.

However, eight new wallets later withdrew the same amount, suggesting it was just an internal transfer.

Sources: Alex Royce (Trade Watcher)