According to PANews (@PANewsCN), an early Ethereum ICO whale deposited 2,000 ETH to Kraken after a one-year gap, a transfer valued at $7.92 million at the time, based on on-chain monitoring by analyst @ai_9684xtpa (source: PANews @PANewsCN; source: on-chain analyst @ai_9684xtpa). According to PANews (@PANewsCN), the address is tied to an ICO allocation totaling 310,000 ETH and still holds 15,000 ETH worth $58.73 million with a reported cost basis of $0.31 per ETH (source: PANews @PANewsCN; source: on-chain analyst @ai_9684xtpa). According to PANews (@PANewsCN), if the newly deposited 2,000 ETH were sold, the realized return versus cost would exceed 12,778x (source: PANews @PANewsCN; source: on-chain analyst @ai_9684xtpa).

According to @ai_9684xtpa, an Ethereum ICO-era whale deposited 2,000 ETH to Kraken, valued at $7.92 million at the time of reporting; source: @ai_9684xtpa on X. The address is 0xdDf744374B46Aa980ddcE4a5AA216478bf925cD1, with holdings and transfers viewable on Arkham Intelligence; source: Arkham Intelligence address 0xdDf744374B46Aa980ddcE4a5AA216478bf925cD1. The wallet still holds 15,000 ETH with an indicated market value of about $58.73 million, and a reported cost basis of $0.31 per ETH, implying a 12,778x return if sold at the referenced price; source: @ai_9684xtpa, address data: Arkham Intelligence 0xdDf744374B46Aa980ddcE4a5AA216478bf925cD1. Traders can monitor further transfers from this address to Kraken to assess exchange inflows and potential order book impact; source: deposit event and address reference from @ai_9684xtpa and Arkham Intelligence 0xdDf744374B46Aa980ddcE4a5AA216478bf925cD1.

According to @ai_9684xtpa, an Ethereum ICO-era whale with a cost basis near 0.31 USD has steadily distributed ETH in 2025, selling 30,300 ETH for 99.36 million USD at an average execution price of 3,279 while still holding 97,750 ETH valued around 391 million USD on-chain, source: @ai_9684xtpa; Arkham Intelligence. Arkham Intelligence entity data referenced by @ai_9684xtpa shows the wallet sold during both 1,400 and 4,000 price regimes this year, indicating persistent supply regardless of volatility, source: @ai_9684xtpa; Arkham Intelligence. For traders, the remaining 97,750 ETH inventory and realized average sell price near 3,279 imply potential overhead supply in the 3,200 to 3,300 zone on rallies, making continued monitoring of on-chain flows prudent, source: @ai_9684xtpa; Arkham Intelligence.

According to @OnchainLens citing Nansen data, an Ethereum ICO participant deposited 1,500 ETH, valued at $6.02 million, to Kraken for the first time since the ICO, source: @OnchainLens, Nansen. @OnchainLens reports the participant received 20,000 ETH for $6,220 during the ICO and that stack is currently valued at $80.3 million, representing a return of x12,914, source: @OnchainLens, Nansen. The $6.02 million transfer value over 1,500 ETH implies roughly $4,013 per ETH at the time of reporting based on figures provided, source: @OnchainLens, Nansen. The sender address is 0x60dd4ef6585541e3b2fda3f952dfd45699b1e932 as identified in the on-chain report, source: @OnchainLens, Nansen.

According to @OnchainLens, a wallet labeled as an Ethereum ICO participant deposited 1,060 ETH (about $5.06M) into Kraken, as flagged via Arkham Intelligence’s address explorer (sources: Onchain Lens; Arkham Intelligence). This on-chain transfer increases ETH exchange inflows and adds potential near-term sell-side liquidity on Kraken’s spot market, a relationship documented by Glassnode when exchange inflows rise (sources: Onchain Lens; Glassnode Insights). Traders may monitor Kraken-related addresses and aggregate ETH exchange netflows to assess whether this inflow converts into actual selling pressure, as outlined in CryptoQuant’s netflow metrics methodology (sources: CryptoQuant; Onchain Lens). The stated valuation implies roughly $4,773 per ETH at the time of transfer, derived from the 1,060 ETH and $5.06M figures reported (source: Onchain Lens).

According to @lookonchain, an Ethereum ICO participant who bought 100,000 ETH for $31,000 recently sold 4,283 ETH for $18.97 million, source: Lookonchain. Since 2021, this wallet has sold 44,284 ETH totaling $105 million at an average exit price of $2,378, source: Lookonchain. The address still holds 55,716 ETH valued at $261.6 million, source: Lookonchain. Cumulative profit is approximately $366.8 million, representing an 11,835x return, source: Lookonchain.

According to Lookonchain, a notable Ethereum ICO participant who initially acquired 76,000 ETH for $23,560 at Genesis has continued to liquidate holdings despite the ongoing ETH rally. Three hours ago, this whale deposited their remaining 1,900 ETH, valued at approximately $4.44 million, to the Kraken exchange. This significant on-chain movement (source: Lookonchain via X.com) may increase short-term selling pressure on Ethereum, potentially impacting price momentum and providing a critical signal for crypto traders monitoring whale activity and exchange inflows.

According to Lookonchain, an early Ethereum ICO participant sold another 1,500 ETH worth $1.76 million six hours ago, bringing his total sales since April 17 to 16,500 ETH ($29.35 million) at an average price of $1,779. The participant still retains 13,500 ETH valued at approximately $24.82 million. These large-scale sales from a dormant wallet have increased short-term selling pressure on ETH and may impact price dynamics for traders monitoring whale movements. Source: Lookonchain (x.com/lookonchain/status/1918906158112293037).

According to Lookonchain, an early Ethereum ICO participant sold another 1,500 ETH valued at $1.76 million just six hours ago. Since reactivating his wallet on April 17, this holder has liquidated a total of 16,500 ETH worth $29.35 million at an average price of $1,779 per token and still retains 13,500 ETH (approximately $24.82 million). These large, steady sales by a long-term holder could increase short-term supply and potentially pressure ETH prices lower, making close monitoring critical for traders seeking to gauge market sentiment and potential price volatility. (Source: Lookonchain on Twitter)