Ethereum co-founder, Jeffrey Wilcke, just sent 105,737 ETH, or $262M worth, from his public address, 0xa7E, to Kraken. This left his public addresses with just 267.73 ETH, a mere 0.25% of his original holding. On-chain observers speculated that he deposited with the intention to sell, as many early ETH adopters do.
However, not long after the deposit, a Kraken hot wallet, 0x267, was observed transferring out 105,736 ETH out to eight separate addresses. These addresses were all fresh addresses, which all received a 1 ETH test transaction before receiving the remaining balance. It is possible that Jeffrey Wilcke simply wanted to distribute some of his ETH holdings into new wallet addresses, possibly for security purposes.
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