Ethereum ICO whale deposits $10.16M in ETH to Kraken

On-chain analyst @ai_9684xtpa reported on X that after a month of inactivity, a whale address became active again and deposited 7,000 Ethereum (ETH), valued at $10.16 million, to Kraken Exchange 25 minutes ago, likely as a sell-off. The address purchased 254,900 ETH during the Ethereum initial coin offering (ICO) and still holds 23,069 ETH.