A whale deposits $33.7M in ETH into Coinbase

On-chain data platform Spot On Chain reported on X that an address linked to Winslow Strong, director of the Qualia Research Institute, deposited 9,380 ETH ($33.7 million) into Coinbase about two hours ago. The address also reportedly sold 14,223 ETH ($48.8 million) at an average price of $3,431 since Ethereum started its rebound in early November. Additionally, Ethereum co-founder Jeffrey Wilcke was noted to have deposited 20,000 ETH ($72.5 million) into Kraken on Nov. 28.