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Ethereum (ETH) Whale Sends 7,323 ETH to Kraken With $6 Million Loss Risk

COINOTAG·August 8, 2026·1 min read
Ethereum (ETH) Whale Sends 7,323 ETH to Kraken With $6 Million Loss Risk

A dormant Ethereum wallet sent 7,323 ETH to Kraken, risking a $6 million loss. ETH traded at $1,912 while derivatives volume rose 3.75%. The large transfer from a long-dormant address raised concerns about potential selling pressure on the Ethereum market.

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