A long-dormant crypto whale known as pinosaur.eth transferred 9,618 Ether (ETH), valued at about $24.6 million, to the Kraken exchange after holding the tokens for nine years. The original holdings were acquired in 2017 when ETH was priced around $50, resulting in a gain of roughly 65 times the initial value. Although the entire ETH balance was moved to Kraken, it is not confirmed whether the tokens were sold or will be sold. This movement highlights a significant early Ethereum position entering an exchange wallet, but the whale's next steps remain unknown.
The recent movement of 9,618 ETH by pinosaur.eth provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 08, 2026 08:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 7 rose and 42 fell today. Notable movers include XTZ (Tezos) at Rp5.596 with a 1-day change of -5.71% and a Pluang order activity of 4% Sell / 96% Buy, YFI (Yearn) at Rp42.958.190 down 5.70% with 10% Sell / 90% Buy, and GRT (The Graph) at Rp492 down 5.59% with 53% Sell / 47% Buy.
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