Jeffrey Wilcke, one of the co-founders of Ethereum and the leading developer of the Go Ethereum (Geth) client, transferred 9,840 ETH ($922 million) to Kraken Exchange about an hour ago.
Wilcke moved 105,737 ETH to eight new wallets three months ago and currently holds 95,897 ETH ($401.6 million). According to on-chain data, other known Wilcke wallets also hold 268,732 ETH ($113 million), 113 million Status (SNT) tokens ($32,920), and 951,264 Ethereum Name Service (ENS) tokens ($27,940).
Wilcke, who founded Ethereum in 2014, played a key role in the development of ETH’s core technologies, and was particularly prominent in the development of Go Ethereum (Geth) software. This client is known as one of the most widely used software to access the ETH blockchain.
ETH prices have been the subject of much debate recently due to the recent surge. The biggest Altcoin, which surged 21% in a week, is trading at $4,217 at the time of writing.
*This is not investment advice.