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4,000 ETH Reach Kraken as Tracked Exchange-Linked Wallets Record Four-Month Outflow High

4,000 ETH Reach Kraken as Tracked Exchange-Linked Wallets Record Four-Month Outflow High

Photo: TokenPost

Two wallets linked to early Ethereum holders sent a combined 4,000 Ether (ETH) to Kraken-linked addresses on Oct. 22 and 23. Tracked exchange-linked wallets recorded 169,770 ETH in net outflows on Oct. 22. The individual deposits and the aggregate flow reading describe different activity. The Oct. 22 amount was the largest daily net outflow in more than four months. A larger outflow of about 223,800 ETH was recorded on June 5. A net outflow means more ETH left tracked addresses than entered them during the measurement period; the figure does not identify wallet owners or where the withdrawn tokens went.

Source: TokenPost

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