An address transferred nearly 12,000 ETH to the Kraken exchange 30 minutes ago

PA News reported on July 15 that according to on-chain analyst Ember monitoring, an address transferred nearly 12,000 ETH (worth approximately US$40.17 million) to the Kraken exchange 30 minutes ago. The ETH was withdrawn from Kraken on June 4 at a price of $3,759 per coin. Although ETH has rebounded 17% from its lowest point in the past week, if sold now, the address would still incur a loss of $4.95 million. About 11%.

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