Anonymous Whale Deposits $39.44 Million ETH at Kraken, Realizes $90 Million Profit This Year

Anonymous Whale Deposits $39.44 Million ETH at Kraken, Realizes $90 Million Profit This Year

The anonymous whale has deposited a total of 550k ETH ($1.7597B) to Kraken since March this year. The estimated profit realized is $89.76M (+104%). The whale currently holds 41,638 ETH ($1.1B). The whale's recent deposit of 15000 ETH ($39.44M) to Kraken is a sign that the whale is still bullish on Ethereum. The whale's profit of $90 million this year is a testament to the strong performance of Ethereum in recent months. Ethereum is a decentralized blockchain that has been gaining in popularity in recent years. Ethereum is used to power a variety of decentralized applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). The growth of Ethereum has been driven by the increasing demand for decentralized applications. DeFi is a particularly popular use case for Ethereum, as it allows users to access financial services without having to go through traditional banks. NFTs are another popular use case for Ethereum, as they allow users to create and trade unique digital assets. The future of Ethereum looks bright. The blockchain is still in its early stages of development, but it has the potential to revolutionize a wide range of industries.