This whale’s activity is definitely noteworthy. Their strategic position from 2022, built at an average of $1567 per ETH, has seen substantial growth, especially if their average sale price of $2953 holds. The recharge of 15,000 ETH to Kraken suggests a possible intent to sell, possibly capitalizing on recent market conditions to realize a significant profit.

With 85,000 ETH already transferred to exchanges this year, and potentially $117 million in gains, this address has been highly calculated in timing market movements. Their remaining balance of 11,639 ETH could hint at either a continued holding position or potential further selling moves. Tracking this address for upcoming transfers or analyzing Kraken’s inflow data could provide insights into any large-scale sell-offs, which might influence the market further.

Wallet Address: 0x682Aa4ecb9C8eA51b22433189e979cAD3f958711