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One of Ethereum’s Founders Sold Again During the Downturn – Here Are the Details

source-logo  en.bitcoinsistemi.com 25 September 2025 21:14, UTC
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A wallet believed to belong to Ethereum ($ETH) co-founder Jeffrey Wilcke transferred 1,500 $ETH (approximately $5.99 million) to the Kraken exchange.

Over the past week, the same wallet sent a total of 2,500 $ETH ($10.3 million), with transactions averaging $4,124. The wallet currently holds 2,058 $ETH ($8.23 million). Today, the price of $ETH briefly dropped below $4,000.

The massive investor movement wasn't limited to Ethereum. One whale sold 233,094 Chainlink ($LINK) to receive 4.85 million $USDC and then deposited 10,000 $LINK ($209,000) worth of the tokens on the OKX exchange.

Meanwhile, notable buying occurred on the HyperLiquid exchange. In the last two hours, a whale deposited 5.3 million $USDC to purchase 127,113 $HYPE tokens at $41.73. Furthermore, after a nine-month hiatus, another whale purchased 6 million $USDC worth of $HYPE. This investor currently holds 285,466 $HYPE ($12.99 million), generating $7.16 million in unrealized profits. There is also an additional 2.06 million $USDC available for purchase in the wallet.

*This is not investment advice.

en.bitcoinsistemi.com