Wilcke has a history of large transfers to Kraken, including a $41 million move in August 2025 and a $262 million deposit in May 2025.
The spike in ETH price is pointed to renewed institutional flows and easing concerns over Middle East tensions as key drivers.
Vitalik Buterin feels Ethereum must go beyond finance, building open-source tools that protect privacy, security, and user control worldwide.
Binance led the outflows with about 14.45 million ETH withdrawn. OKX followed with 3.83 million ETH, while Krakenrecorded around 1.04 million ETH
Lookonchain says Ethereum whales are returning with big moves, spending over $23M to buy and transfer ETH as the market shows signs of recovery.
The company said over 3 million ETH are already staked, generating about $172 million yearly, with potential to reach $253 million as staking expands.
Ethereum upgrades aim to speed client-side proofs, reduce bandwidth, and enable advanced ZK applications, boosting scalability and dev experience.