Wallet With 200,000 Ether Buying History Sends $2.4 Million to Kraken

Address 0x11A…5c992 deposited 1,000 Ether (ETH), worth about $2.4 million, to Kraken. The deposit alone does not establish that the Ether was sold. The address bought 200,000 ETH at an average price of $80.97 from 2016 to 2022. Its history also includes sales when ETH was priced at $3,800 and $1,537 during the past three years. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.