Ethereum co-founder shifts $6M of ETH, but whales bought $1.6B
Ethereum co-founder Jeffrey Wilcke transferred approximately 1,500 ETH, valued at about $6 million, to the cryptocurrency exchange Kraken amid a drop in Ether's price from $4,000 to around $3,900. Wilcke's ETH movements are speculative in nature; while it is unclear if he is