Ancient Crypto Whale Makes New Transaction Again

According to data from Onchain, an old crypto whale continues to make new sales. Here are all the details.
According to the latest onchain data from Arkham , a very old Ethereum whale has started to become active again and make new transactions.

It is likely that this whale bought ETH during Ethereum's ICO event and is now selling a large amount of ETH .
According to the data, this whale has sold a total of 85,000 ETH , equivalent to about $226 million , since June 15, 2024 .
In a recent transaction, the whale transferred another 25,000 ETH , equivalent to about $65.6 million , to the Kraken exchange .
During that ICO event , a large amount of ETH was also transferred to Vitalik Buterin , the founder of Ethereum .
Although Buterin occasionally sells some ETH , he insists that these transactions are not for personal spending, but mainly for investing in potential projects or for charitable causes.
In addition, many ICO wallets have withdrawn all their assets, and sometimes these old cryptocurrency wallets “wake up” after a long period of silence.