According to The Data Nerd, whale address 0xaDd deposited 3,000 ETH (approximately $5.53 million) into Kraken just 10 minutes ago, with these coins originally acquired during the Ethereum ICO and held dormant for three years prior to this significant move (Source: @OnchainDataNerd on Twitter, May 2, 2025). The whale still retains 2,000 ETH (about $3.69 million) in the same wallet, suggesting potential future movements. This large-scale deposit could increase short-term selling pressure on Ethereum, and traders should closely monitor Kraken inflows and the remaining whale balance for further price action signals.