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Ethereum Slumps from $3,600 as Co-Founder Moves 20,000 ETH to Kraken

  • Co-founder Jeffrey Wilcke transferred 20,000 ETH ($72.5 million) to Kraken.
  • This was Wilcke's fourth Ethereum sale this year.
  • Ethereum's bullish momentum stalls at $3,664 and drops over 2%.
  • On-chain analysis indicates bullish signs for Ethereum's future.

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