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Ethereum Begins Major Rally, One of Its Founders Sells Again – Here Are the Details

source-logo  en.bitcoinsistemi.com  + 1 more 09 August 2025 18:34, UTC
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Jeffrey Wilcke, one of the co-founders of Ethereum and a primary developer of the Go Ethereum (Geth) client, transferred 9,840 $ETH ($9.22 million) to the Kraken exchange about an hour ago.

Wilcke transferred 105,737 $ETH to eight new wallets three months ago and currently holds 95,897 $ETH ($401.6 million). According to on-chain data, Wilcke's other known wallet also holds 268,732 $ETH ($1.13 million), 1.13 million Status (SNT) tokens ($32,920), and 951,264 Ethereum Name Service (ENS) tokens ($27,940).

Wilcke, who founded Ethereum in 2014, played a critical role in the development of $ETH's core technology and was particularly prominent in the development of the Go Ethereum (Geth) software. This client is known as one of the most widely used software accessing the $ETH blockchain.

The price of $ETH has been the subject of much debate recently due to its recent surge. The largest altcoin, which has surged 21% in a week, is trading at $4,217 at the time of writing.

*This is not investment advice.

en.bitcoinsistemi.com

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