Major Ethereum ICO Investors Possibly Cashing Out, Transferring $20 Million Worth of ETH to Exchanges in One Week

It has been confirmed that a major investor from the Ethereum ICO (Initial Coin Offering) transferred an additional 1,060 ETH to the deposit address of the cryptocurrency exchange Kraken on Thursday. According to on-chain analysis by Arkham, this investor has been transferring ETH to exchanges for four consecutive days. The investor's address, starting with '0x815', had already transferred 2,000 ETH on Monday, and 1,162 ETH and 1,121 ETH on Tuesday and Wednesday, respectively. The total amount deposited this week has exceeded $20 million (approximately 3 billion yen). Arkham's data indicates that this address still holds about 4,657 ETH...