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Zenger
Zenger
Murtuza Merchant

Ether Worth $116 Million Transferred From ICO Wallet To Kraken Exchange

Kraken Bitcoin Crypto
A replica ether cryptocurrency coin in seen in this photo illustration on November 8, 2017. Ether is a token in a distributed network computing system named Ethereum which allows the cryptocurrency to be used and traded. A digital wallet that had accumulated over 61,000 Ether (CRYPTO: ETH) during the initial coin offering (ICO) about eight years ago has now transferred the entire amount to another wallet. PHOTO BY JAAP ARRIENS/GETTY IMAGES

A digital wallet that had accumulated over 61,000 Ether (CRYPTO: ETH) during the initial coin offering (ICO) about eight years ago has now transferred the entire amount to another wallet.

The wallet in question is believed to be associated with the cryptocurrency exchange, Kraken. The value of these holdings is currently estimated to be over $116 million.

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