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On September 6, COINOTAG News cited Onchain Lens monitoring showing a whale address deposited the final 2,074 ETH (approximately $9.07 million) into Kraken, realizing a reported profit of $6.07 million on that position.
Blockchain records indicate the same address amassed 3,289 ETH for a total outlay of about $6.43 million between September 4, 2021, and December 9, 2024, according to the on‑chain data referenced by COINOTAG.
The verified transfer represents a material liquidity movement to a centralized venue; market participants monitoring Ethereum flows and exchange inflows can incorporate this confirmed on‑chain activity into their risk and liquidity assessments.
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