PANews reported on March 12 that, according to on-chain analyst Ember, a whale/institution that withdrew 44,888 ETH from Kraken yesterday withdrew another 18,436 ETH (US$38.26 million) from Kraken early this morning.
In other words, he withdrew a total of 63,324 ETH (131 million) from Kraken in just over a day, at a price of $2,072. These ETH are currently stored in four wallets.



Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash. Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more