DeFi Intel

Ethereum Whale Took $19.5M Off Kraken, And Analysts Are Split

An Ethereum wallet tagged 0x8447 withdrew 10,300 ETH worth roughly $19.5 million from Kraken across two transfers and then staked 2,020 ETH (~$3.84 million) through the Beacon Deposit Contract, per Arkham Intelligence. Ether traded near $1,899 on Tuesday, still capped by resistance at $1,960.50. Analysts are split on direction, with one targeting $2,030 on a breakout and another expecting a dip to $1,715 first.

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