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POAP founder moves 4,000 ETH to Gemini, holdings now worth $129M

Market News
10 Oct 2026
Tokenpost
View Source
Neutral
POAP founder moves 4,000 ETH to Gemini, holdings now worth $129M

POAP founder @worthalter transferred 4,000 Ether (ETH) to the Gemini exchange on October 10, following a prior reduction of 8,000 ETH over six days. The latest transfer was valued at about $10.02 million, while the earlier 8,000 ETH was sold at an average price of $2,601 per ETH. After these moves, the founder still holds approximately 51,468 ETH, worth around $129 million. This activity highlights significant ETH movement by a major crypto figure, which could impact market sentiment or liquidity.

While the POAP founder's recent transfer of 4,000 ETH to Gemini follows a notable reduction of 8,000 ETH, Ethereum on Pluang shows resilience with a price of Rp44,770,278 and a positive 1-day change of +0.76% as of Oct 11, 2026 07:21 WIB. Despite significant individual movements, the market sees more buying interest, with 74% of order activity on Pluang being buys. Ethereum's market cap stands strong at Rp5.475,02 trillion, reflecting steady investor confidence amid these large transfers.

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