According to Lookonchain, whale address 0x4097 withdrew 6,334 ETH worth approximately $28.08 million from Kraken about 50 minutes before the report. According to Lookonchain, the wallet had been inactive for roughly four years prior to this withdrawal. According to Lookonchain, the reported valuation implies an approximate $4,433 per ETH at the time of the move. According to Lookonchain, the post included a transaction link and a screenshot confirming the withdrawal.