Giant Whale withdraws over $250 million in ETH from Kraken, with a floating profit of nearly $50 millionThis whale/institution, which is currently unclear as to which side it belongs to, continued to withdraw 7980 ETH (26.86 million) from Kraken 5 hours ago. Since the 10th, this address has accumulated 88292 ETH (250 million) from Kraken, with an average price of 2831. At present, there is a floating profit of 49.5 million yuan. This address is a new address and only has transactions with Kraken hot wallet. I personally feel that this could be someone who has ETH, of course. There is also a possibility that Kraken uses its own cold wallet to store ETH (this possibility is not that high, as exchange cold and hot wallet transfers prefer integer movement rather than value based transfers like this address). Address Link 🔗👉： https://intel. (arkm. com)/exporter/address/0x35fbaD7C85A999380 billion f8F7634859Dd0c7D59e48d4 This article is sponsored by Bitget | @ Bitgetzh