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Crypto Whale Transfers $19 Million Ether To Kraken; Massive Price Dump Ahead?

  • A crypto whale has transferred 5,597 ETH worth $19.4 million to Kraken, potentially indicating a sell-off.
  • The transaction is linked to an EthDev account, raising concerns about low sentiments.
  • Previous transfers from the Ethereum Foundation led to criticism and calls for transparency.
  • While Ethereum's weekly performance remains bullish, it has lost steam compared to other altcoins in terms of institutional inflows.

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