{"id":5102,"date":"2023-12-05T17:32:04","date_gmt":"2023-12-05T10:32:04","guid":{"rendered":"https:\/\/cryptoinsider.asia\/?p=5102"},"modified":"2023-12-05T17:32:04","modified_gmt":"2023-12-05T10:32:04","slug":"early-ether-investor-moves-nearly-90m-eth-to-kraken","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/","title":{"rendered":"Early Ether Investor Moves Nearly $90M ETH to Kraken"},"content":{"rendered":"<h2>Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.<\/h2>\n<p>An apparent large ether (ETH) holder moved nearly $90 million worth of the token to the crypto exchange Kraken after being dormant for five years, on-chain analytics tool Lookonchain posted early Tuesday.<\/p>\n<p>The \u201cwhale,\u201d a term for a large holder of any token, deposited 39,260 ether to Kraken in Asian morning hours, blockchain data shows. The address previously received 47,260 ether, worth just over $11 million at the time, from one transaction in 2017.<\/p>\n<p>A CoinDesk analysis of the address shows previous transactions are not tied to the cold storage of any exchange. However, at least one transaction may be possibly connected to an address belonging to trading firm Cumberland, a labeling on data tool Arkham shows.<\/p>\n<p>Moving to an exchange usually means the holder could sell tokens for stablecoins \u2013 increasing selling pressure \u2013 or convert to other tokens.<\/p>\n<p>Meanwhile, data shows Kraken\u2019s available market depth on ether trading pairs is over $5 million as of Tuesday morning \u2013 meaning a buy or sale of that amount could move the market by at least 2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moving to an exchange could suggest the investor is likely to sell the asset for&hellip;<\/p>\n","protected":false},"author":3,"featured_media":3544,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[44],"tags":[],"class_list":["post-5102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Early Ether Investor Moves Nearly $90M ETH to Kraken<\/title>\n<meta name=\"description\" content=\"Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens. An apparent large ether (ETH) holder moved nearly $90 million worth of the token to the crypto exchange Kraken after being dormant for five years, on-chain analytics tool Lookonchain posted early Tuesday. The \u201cwhale,\u201d a term&hellip;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/Moving%20to%20an%20exchange%20could%20suggest%20the%20investor%20is%20likely%20to%20sell%20the%20asset%20for%20stablecoins%20or%20other%20tokens.%20An%20apparent%20large%20ether%20(ETH)%20holder%20moved%20nearly%20$90%20million%20worth%20of%20the%20token%20to%20the%20crypto%20exchange%20Kraken%20after%20being%20dormant%20for%20five%20years,%20on-chain%20analytics%20tool%20Lookonchain%20posted%20early%20Tuesday.%20The%20\u201cwhale,\u201d%20a%20term&hellip;\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Early Ether Investor Moves Nearly $90M ETH to Kraken\" \/>\n<meta property=\"og:description\" content=\"Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens. An apparent large ether (ETH) holder moved nearly $90 million worth of the token to the crypto exchange Kraken after being dormant for five years, on-chain analytics tool Lookonchain posted early Tuesday. The \u201cwhale,\u201d a term&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto Insider\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/yourcryptoinsider\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-05T10:32:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoinsider.asia\/wp-content\/uploads\/2022\/07\/Ether-to-Dollar.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"840\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Linh Nguyen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi\" \/>\n\t<meta name=\"twitter:data1\" content=\"Linh Nguyen\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 ph\u00fat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/early-ether-investor-moves-nearly-90m-eth-to-kraken\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/early-ether-investor-moves-nearly-90m-eth-to-kraken\\\/\"},\"author\":{\"name\":\"Linh Nguyen\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/#\\\/schema\\\/person\\\/300c21c250e00b21a7e09ae179657a51\"},\"headline\":\"Early Ether Investor Moves Nearly $90M ETH to Kraken\",\"datePublished\":\"2023-12-05T10:32:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/early-ether-investor-moves-nearly-90m-eth-to-kraken\\\/\"},\"wordCount\":195,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/early-ether-investor-moves-nearly-90m-eth-to-kraken\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptoinsider.asia\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/Ether-to-Dollar.jpg\",\"articleSection\":[\"Tin t\u1ee9c\"],\"inLanguage\":\"vi\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/early-ether-investor-moves-nearly-90m-eth-to-kraken\\\/\",\"url\":\"https:\\\/\\\/cryptoinsider.asia\\\/vi\\\/early-ether-investor-moves-nearly-90m-eth-to-kraken\\\/\",\"name\":\"Early Ether Investor Moves Nearly $90M ETH to Kraken - 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The \u201cwhale,\u201d a term&hellip;","og_url":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/","og_site_name":"Crypto Insider","article_publisher":"https:\/\/www.facebook.com\/yourcryptoinsider","article_published_time":"2023-12-05T10:32:04+00:00","og_image":[{"width":1600,"height":840,"url":"https:\/\/cryptoinsider.asia\/wp-content\/uploads\/2022\/07\/Ether-to-Dollar.jpg","type":"image\/jpeg"}],"author":"Linh Nguyen","twitter_card":"summary_large_image","twitter_misc":{"\u0110\u01b0\u1ee3c vi\u1ebft b\u1edfi":"Linh Nguyen","\u01af\u1edbc t\u00ednh th\u1eddi gian \u0111\u1ecdc":"1 ph\u00fat"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/#article","isPartOf":{"@id":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/"},"author":{"name":"Linh Nguyen","@id":"https:\/\/cryptoinsider.asia\/#\/schema\/person\/300c21c250e00b21a7e09ae179657a51"},"headline":"Early Ether Investor Moves Nearly $90M ETH to Kraken","datePublished":"2023-12-05T10:32:04+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/"},"wordCount":195,"publisher":{"@id":"https:\/\/cryptoinsider.asia\/#organization"},"image":{"@id":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptoinsider.asia\/wp-content\/uploads\/2022\/07\/Ether-to-Dollar.jpg","articleSection":["Tin t\u1ee9c"],"inLanguage":"vi"},{"@type":"WebPage","@id":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/","url":"https:\/\/cryptoinsider.asia\/vi\/early-ether-investor-moves-nearly-90m-eth-to-kraken\/","name":"Early Ether Investor Moves Nearly $90M ETH to Kraken - 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