Opinion: Ethereum co-creator Jeffrey Wilcke transferred 100,000 ETH to Kraken or not sold, suspected to be transferred to a new wallet

2025-05-20 15:14:40
According to on-chain analytics platform Lookonchain, after Jeffrey Wilcke deposited Ethereum into the Kraken exchange, eight newly created wallets withdrew a total of 105,736 Ethereum (~ $262 million) from the exchange.
Lookonchain analysis suggests that Jeffrey Wilcke may not be planning to sell ETH, but simply move it to other wallets.