Jeffrey Wilcke's ETH transferred to Kraken was created to a new address, suggesting it may be a risk control operation of the exchange
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Planet Daily News: According to on-chain analyst Yu Jin's monitoring, after Ethereum co-founder Jeffrey Wilcke transferred 105,737 ETH into Kraken, approximately the same amount of ETH (104,746) was withdrawn from Kraken through 7 addresses, which suggests two possibilities: 1. This is Jeffrey Wilcke's operation: transferring ETH into Kraken and then withdrawing through multiple addresses to prevent subsequent tracking without intending to sell these ETH. 2. This is Kraken's risk control operation: after large-value tokens flow into the exchange, dispersing storage through multiple wallets to reduce single-point risk.
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