According to Lookonchain, an early Ethereum ICO address 0x3690 transferred 1,500 ETH valued at about 6 million dollars to Kraken, marking the wallet’s first known exchange deposit after roughly eight years of inactivity, with the transfer and balances visible on Etherscan at 0x3690246ba3c80679e22eac4412a1aefce6d7cd82 and 0x60dd4ef6585541e3b2fda3f952dfd45699b1e932, source: Lookonchain on X https://twitter.com/lookonchain/status/1983405630645051876; Etherscan https://etherscan.io/address/0x3690246ba3c80679e22eac4412a1aefce6d7cd82 and https://etherscan.io/address/0x60dd4ef6585541e3b2fda3f952dfd45699b1e932. According to Lookonchain, the wallet originally received 20,000 ETH at genesis for a total purchase cost of 6,200 dollars and that stack is now worth about 80.42 million dollars, implying a 12,971x return, source: Lookonchain on X https://twitter.com/lookonchain/status/1983405630645051876. According to Glassnode Academy, rising exchange inflows are historically monitored as potential sell-side supply that can pressure spot prices in the short term, making this deposit a key flow to watch for ETH traders, source: Glassnode Academy Exchange Net Position Change https://academy.glassnode.com/metrics/indicators/exchange-net-position-change; and as of now only an exchange deposit is evidenced on-chain with no confirmed sale, source: Etherscan https://etherscan.io/address/0x3690246ba3c80679e22eac4412a1aefce6d7cd82.