A newly established address withdrew nearly 47000 ETH, equivalent to approximately 130 million US dollars, from Kraken within 11 hours

According to a report by Golden Finance, as monitored by on chain analyst Yu Jin, a newly established address has been continuously extracting Ethereum from the cryptocurrency exchange Kraken in the past 11 hours. The address has cumulatively withdrawn 46954 ETH, worth approximately 130 million US dollars.