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Dormant Ethereum Whale Transfers 15,000 ETH to Kraken Amid Sales

  • A dormant Ethereum whale recently moved 15,000 ETH to Kraken, adding selling pressure.
  • The whale has sold a total of 65,000 ETH, worth around $164 million, since September 2024.
  • The crypto community is awaiting the future actions of the whale, who still holds 10,000 ETH.
  • Institutional interest in Ethereum is growing, with the State of Michigan Retirement System investing $11 million in Grayscale's Ethereum ETF.

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