<ul><li>Ethereum co-founder Jeffrey Wilcke transferred about $262 million worth of ETH to Kraken, sparking sell-off rumors.</li><li>Despite the large transfer, Ethereum's price remained stable. The stability could be attributed to the recent decrease in the percentage of ETH held on exchanges.</li><li>The transfer by Wilcke raised speculations, as he sent over 105,000 ETH to Kraken after months of inactivity in his wallet.</li><li>Despite the market speculation, Ethereum's price held firm at around $2,540, showing bullish market sentiment and increased trading activity in the altcoin market.</li></ul>

Ethereum Co-Founder Jeffrey Wilcke Transfers $262M to Kraken, Sparking Sell-Off Rumors

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