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I just discovered something interesting on the blockchain - Ethereum co-founder Jeffrey Wilcke seems to have reactivated his wallet after 7 months of silence. He just transferred a large amount of ETH to a major exchange, approximately $157 million at current prices. This suggests a potential large sell-off.
Many on-chain activity followers of prominent figures on OpenSea and other platforms have noticed this event. Currently, he still holds about $27 million worth of ETH. This is an intriguing signal to watch — is this a sign of a shift in sentiment or just a portfolio rebalancing move?