Ethereum ICO whale may intend to offload another 10K ETH

A whale address that participated in the 2015 Ethereum (ETH) ICO and purchased 100,000 ETH at an average cost of $0.311 is likely to offload an additional 10,000 ETH, according to on-chain analyst @EmberCN on X. The address moved 10,000 ETH ($42.73 million) to a new address about 50 minutes ago, of which 2,000 ETH ($8.55 million) has so far been deposited into the Kraken crypto exchange.