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An early Ethereum presale investor took action after 1.12 years 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 presale investor who bought Ethereum at $0.31.

The whale in question transferred 1,069 ETH worth $3.56 million on average to the crypto exchange Kraken. The investor purchased 12,556 ETH in July 2015 at a cost of $0.31. The whale later took action in 2017 and distributed their Ethereums to 12 different wallets, moving 4,846 ETH to the crypto exchanges Kraken and Gemini at levels around $1,637.

The whale currently holds 7,719 Ethereum worth $25.7 million in 8 wallets.

According to CoinGecko data, the Ethereum price has experienced a 1.8% increase in the last 24 hours and is currently trading at $3,322.

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