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Dormant Ethereum whale awakens: $13M in ETH moves to Kraken amid market turbulence

AMBCrypto LogoAMBCrypto17h ago

Dormant Ethereum whale awakens: $13M in ETH moves to Kraken amid market turbulence - AMBCrypto

Quick Summary:

Despite the sell-off, the whale still holds 30,070 ETH ($50M).

Will more selling rattle the market?

An ETH whale, dormant since the initial coin offering (ICO), has resurfaced, transferring 7,000 ETH ($13.8M) to Kraken.


More Pictures

Dormant Ethereum whale awakens: $13M in ETH moves to Kraken amid market turbulence - AMBCrypto (Picture 1)Dormant Ethereum whale awakens: $13M in ETH moves to Kraken amid market turbulence - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Ritika Gupta

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 01:00:40 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 26907419

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 17 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions

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The story "Dormant Ethereum whale awakens: $13M in ETH moves to Kraken amid market turbulence" has 450 words across 25 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Dormant Ethereum whale awakens: $13M in ETH moves to Kraken amid market turbulence" was covered 17 hours ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 17 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26907419
  • URL: https://beamstart.com/news/dormant-ethereum-whale-awakens-13m-17417421287789

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