Whale withdraws $131M in ETH from Kraken over past 24 hours

An anonymous whale has withdrawn a cumulative 63,324 ETH, worth $131 million, from the crypto exchange Kraken over the past 24 hours, according to EmberCN. The withdrawals occurred in two transactions: one for 44,888 ETH yesterday and another for 18,436 ETH ($38.26 million) early today. The average price for the withdrawn ETH is $2,072. The whale is now holding the assets across four separate addresses. Withdrawals from exchanges are typically interpreted as an intention to hold.