According to @ai_9684xtpa, two major Ethereum ICO whales, both with cost bases as low as $0.31 per ETH, recently transferred significant amounts of ETH to centralized exchanges. One whale, originally holding 1 million ETH from the ICO, deposited 959.69 ETH (worth $2.54 million) to OKX five hours ago, while still retaining 50,704 ETH (valued at $132 million) on-chain (source: intel.arkm.com, @ai_9684xtpa). Another OG ICO participant from 2015 transferred 587 ETH to Kraken three hours ago. Such large-scale exchange deposits by long-term holders often signal potential selling pressure, which can impact Ethereum price action and overall crypto market sentiment. Traders are monitoring these whale movements for possible short-term volatility or trend shifts in ETH.

According to @ai_9684xtpa on Twitter, a whale investor from the 2015 Ethereum ICO with an average cost basis of $0.31 per ETH has sold 6000 ETH in the past 33 hours, likely through Kraken. If fully executed, this sale would net a profit of $10.92 million for the whale (source: @ai_9684xtpa, May 2, 2025). The address still holds 2000 ETH, which may be sold soon. Traders should closely monitor this address and potential further sales, as such large-scale liquidations can lead to short-term price volatility for ETH.