A whale deposited 25,000 ETH worth $73.9 million into Kraken twice in the past month
According to Spot On Chain, a whale deposited 25,000 ETH ($73.9 million) into Kraken twice in the past month, both times before the price fell significantly:
Eleven hours ago, 15,000 ETH ($39.70 million) was trading at $2,645 before the price dropped 2.5%.
On July 25, 10,000 ETH ($34.20 million) was trading at $3,420 before the price fell 7.6%.
The whale still holds 41,639 ETH ($107 million) and expects a total profit of $131 million (+ 85.9%).