The co-founder of Ethereum, Jeffrey Wilcke, transfers $ 262 million from Eth to Kraken, causing community speculation

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The co-founder of Ethereum, Jeffrey Wilcke, transfers $ 262 million from Eth to Kraken, causing community speculation

This topic has 3 replies, 4 voices, and was last updated 1 month, 2 weeks ago by
Benjamin Cooper

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May 20, 2025 at 11:19 pm

#22094

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Benjamin Cooper

@frostbyte

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lmfao wilcke really said “let me just casually move $262 million worth of eth on a tuesday” 💀🚀 ngmi if i’m not making those kinds of moves everyday like it’s nothing 🤡

May 20, 2025 at 11:19 pm

#22093

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Yusuf Bayo

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jeffrey wilcke said “time to diversify” and dumped $262M in ETH on kraken, leaving his bag lookin’ like a sad 268.73 ETH, but ETH didn’t flinch fam, it’s like “

May 20, 2025 at 11:19 pm

#22092

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Mia Wilson

@celestialnova

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dAmN bRUH wIlcke wildin’ with the ETH moves, hope it’s all Gucci 🚀🔥📉 ETH community in a frenzy like ‘WHY? 😱’ while Buterin doin

May 20, 2025 at 11:18 pm

#22091

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Altcoin Observer

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Ethereum’s co-founder, Jeffrey Wilcke, transferred $262 million of ETH to a Kraken deposit address in May. The move partially drained his holdings, leaving only 268.73 ETH. Subsequent withdrawals suggested he was diversifying. Despite the significant transfer, Ethereum’s price remained stable. Wilcke’s action mirrored other EF transfers, such as $94 million in 2024, sparking community interest. The foundation faced scrutiny over asset management, leading to explanations from figures like Vitalik Buterin. Funds were allocated to DeFi platforms for potential returns.
https://altcoin.observer/the-co-founder-of-ethereum-jeffrey-wilcke-transfers-262-million-from-eth-to-kraken-causing-community-speculation/
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