Ethereum co-founder Jeffrey Wilcke, who left Ethereum in 2019 to start out his personal gaming firm, transferred 105,737 ETH, valued at roughly $262 million, to the cryptocurrency trade Kraken
Ethereum co-founder Jeffrey Wilcke, who left Ethereum in 2019 to start out his personal gaming firm, transferred 105,737 ETH, valued at roughly $262 million, to the cryptocurrency trade Kraken. This transfer was reported by a number of sources, together with Arkham, and occurred round 22:10 UTC+8 on Might 20, 2025.
Following the deposit, Wilcke seems to have withdrawn the identical quantity of ETH from Kraken by way of a number of newly created wallets, together with 8 and 12 new wallets, and seven addresses withdrawing 104,746 ETH. This means the switch won’t have been supposed on the market however reasonably for redistribution to different wallets. This motion was famous roughly an hour after the preliminary deposit. Wilcke had beforehand transferred 20,000 ETH to Kraken on November 28, 2024.
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