OG Whale Moves 597 ETH to Kraken: A Look at the 2015 ICO’s $26.68 Million Profit

On May 28th, COINOTAG News reported a significant movement within the cryptocurrency market. A notable figure, referred to as the “2015 ICO 100,000 ETH OG Whale,” transferred 597 ETH to Kraken, representing a value of approximately $1.57 million. This transaction highlights the whale’s ongoing influence as they have liquidated a total of 13,810 ETH since March 2025. These sales resulted in an impressive profit of $26.68 million, achieved with an initial investment cost as low as $0.31 per ETH. Such movements reinforce the volatility and the significant monetary implications of trading among high-net-worth individuals in the crypto space. Investors are advised to monitor these developments closely, as they can signal broader market trends and impact overall sentiment.