Unknown person transfers $144 million in ETH to the Kraken exchange
This is the fourth large transfer made by the user in the last month
19.05.2023 - 11:40
557
2 min
0
What’s new? On May 19, at 10:28 UTC, an unknown address transferred 80 000 ETH (over $144,67 million) in one transaction to the US crypto exchange Kraken. The transaction fee was only 0,0042 ETH ($7,6). According to the Etherscan blockchain explorer, the user has previously made large transfers to the exchange. Thus, 15 days ago there was a transfer of 80 000 ETH, 22 days ago there was a transfer of 100 000 ETH, and 23 days ago there was a transfer of 80 000 ETH. As of 11:00 UTC, 319 203 ETH totaling $577,16 million are stored in the investor’s wallet.
Large transactions in ETH. On April 21, an unknown person transferred 34 043 ETH worth $66,28 million to Binance. Most of these coins were purchased on March 11 at the rate of $1420. Analysts at the 0xScope protocol speculated that the whale may have been taking profits and announced the possible achievement of a local peak in the value of ETH.
On February 23, an Ethereum initial coin offering (ICO) participant made a transaction of 5055 ETH (more than $8,3 million at the time) after three years of inactivity. On March 6, an unknown address transferred 10 266 ETH worth $16 million after five years of inactivity, including 1322 ETH (~$2 million) to the Poloniex exchange.
Kraken was forced by the US Securities and Exchange Commission (SEC) to wind down its staking program in the States. Following the release of the Shapella upgrade on the Ethereum network on April 13, which allowed the coins to be unlocked, the platform requested a withdrawal of 551 000 ETH.
As of this writing, ETH to USD is trading at $1808 on Binance, down by 1,84% in 24 hours. Ethereum has a 19,4% market share and a market capitalization of $217,54 billion.
Useful material?
Telegram 
Twitter Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Cryptocurrency rates
-
Bitcoin
$63 560
BTC
-1.89%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.16
XRP
-3.81%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.087475
DOGE
-4.76%
-
Zcash
$460.62
ZEC
-25.64%
-
Stellar XLM
$0.201022
XLM
-4.89%
-
Cardano
$0.180858
ADA
-10.79%
-
Polkadot
$3.32
DOT
+5.27%