Jeffrey Wilcke's ETH transfer to Kraken has been suggested to be a risk control operation by the exchange due to the creation of a new address

星球日报
星球日报|May 20, 2025 15:21
Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, after Ethereum co-founder Jeffrey Wilcke transferred 105737 ETH to Kraken, a similar amount of ETH (104746) was proposed from Kraken through 7 addresses. There are two possibilities for this: 1. This is Jeffrey Wilcke's operation: transferring ETH into Kraken and then submitting it through multiple addresses, with the aim of preventing further tracking through the exchange rather than selling these ETH. 2. This is Kraken's risk control operation: after large value tokens flow into the exchange, they are dispersed and stored in multiple wallets to reduce single point risk.
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