Ethereum co-founder Jeffrey Wilcke transferred 79,258 ETH (roughly $157 million) to Kraken on March 7, prompting worries the coins could be sold. Large on-chain deposits from known insiders often heighten short-term selling pressure and market scrutiny.
Wallets associated with Aleksey Bilyuchenko moved about 1,300 BTC (roughly $114M) to unknown platforms over the past week, Arkham analyst Emmett Gallic reports. The transfers revive scrutiny around Mt. Gox-linked funds and potential market impact.