An early investor in Ethereum took action 1.12 years later and deposited $3.5 million worth of ETH into Kraken.
On-chain data account Spot On Chain shared transfers related to the sale made by the investor who bought Ethereum at $0.31 in a post on April 6.
On the same day, the whale transferred 1,069 ETH worth $3.56 million on average to the crypto exchange Kraken. The investor had purchased 12,556 ETH in July 2015 at a cost of $0.31. Later, in 2017, the whale took action and distributed its Ethereums to 12 different wallets, moving 4,846 ETH to Kraken and Gemini exchanges at levels of $1,637.
The whale currently holds 7,719 Ethereum worth $25.7 million in 8 wallets.
According to CoinGecko data, the price of Ethereum has risen by 1.8% in the last 24-hour period and is currently trading at $3,322.
