Co-Founder Offloads $6M ETH as Whales Accumulate

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Ethereum co-founder Jeffrey Wilcke seemingly still holds hundreds of millions worth of Ether across multiple wallets.

Ethereum co-founder Jeffrey Wilcke could be looking to sell some of his Ether holdings after sending around 1,500 ETH to crypto exchange Kraken on Thursday. 

Wilcke sent 1,500 Ether, worth around $6 million, to the crypto exchange, according to onchain analytics platform Lookonchain. It came as the price of Ether dropped from $4,000 to around $3,900.

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