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5,165 ETH from cryptocurrency exchange Kraken flowed into Bitwise.

According to Arkham monitoring data, about five hours ago, 5,165 ETH from the Kraken hot wallet address of the cryptocurrency exchange flowed into the Bitwise Ethereum exchange-traded fund Bitwise ETHW ETF, worth about $16.36 million. In the past 23 hours, the address has flowed a total of 6,313 ETH to Bitwise.