Ethereum Co-Founder Confirms He Was Behind 90,000 Ethereum Sales On Kraken
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Answer Ethereum Co-Founder Confirms He Was Behind 90,000 Ethereum Sales On Kraken
The confusion and mystery around the recent 90,000 ETH units that were sent to the Kraken platform have been cleared up recently.
Apparently it was one of the founders of Ethereum looking to get some cash.
On December 25, more than 204,000 ETH was transferred to various exchanges in mysterious transfers, some of which were linked to Vitalik Buterin, the founder of Ethereum.
Many have been speculating that the newly mobile ETH is owned by either Buterin or an Ethereum developer.
Of this amount, 90,000 ETH has been sent to the Kraken exchange, which has now been linked with one of the founders of Ethereum with certainty.
Read:Ernst & Young supports the Ethereum network with its new product
The identity of this mystery was none other than the co-founder of Ethereum, Mr. Jeff Wilcke.
About 90,000 Ethereum, equivalent to $11 million, that “Jeff” owned, was sent to the Kraken exchange.
The transfer would have remained anonymous had not Jeff been registered with the Ethereum Name Service two years ago.
But currently, the other newly transferred amounts remain, and it is unknown who is behind them.
Jeff Wilcke confirmed via Twitter that he was behind the 90,000 Ethereum transaction and explained that he needed the money to fund his “game.”
Although he has now deleted the tweet, a picture was taken of what he tweeted:
you are right. Nothing goes unnoticed, Tweet embed.
Considering you got so much ETH dollarYou should use this money to help Ethereum. pic.twitter.com/OARA4etUn1
– Richard (@ricburton) December 26, 2019
Jeff says I need 11 million to fund his game, but that’s not certain.
According to what some observers see, he left the Ethereum project entirely, and was not active on the Ethereum project github Since March 2019.
Read:Here’s what happened to LUNA and why it crashed below $10?
The recent sale made by this co-founder of Ethereum is not in favor of the price of Ethereum at all, adding to the list of obstacles facing the price of Ethereum recently.
There have been many negative voices saying that the “Ethereum 2.0” update will be delayed, perhaps for years.
The price of the Ethereum currency at the time of writing this topic is estimated at 27 dollars, with a total market value estimated at 13.9 billion dollars, away from the Ripple currency by 5 billion dollars.
Read also:
Ethereum: 90% of ETH wallets bought the coin at a price greater than the current price
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