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Ethereum Co-Founder Transfers ~$157M in ETH to Kraken, Sparking Sell-Off Fears

Sun, 08 Mar 2026 08:59:55 GMT
ETH
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Ethereum co-founder Jeffrey Wilcke moved about 80,000 ETH (roughly $157–158 million) to Kraken after months of inactivity. The transfer, along with similar sell-offs by Vitalik Buterin, has raised concerns about Ethereum’s price stability as it struggles to hold above $2,000.

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