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3,000 Ether Moves to Kraken After Nine and a Half Years

The holding was worth about $57,000 when withdrawn from Gemini in 2017 and roughly $7.23 million at the time of the transfer.

Mentioned assets
A worn silver coin meets the edge of a steel exchange slot / TokenPost.ai
A worn silver coin meets the edge of a steel exchange slot / TokenPost.ai

A 3,000 Ether (ETH) holding moved to Kraken on Oct. 22 after about nine and a half years of inactivity, with its value rising roughly 128 times over that period.

The coins were withdrawn from Gemini in 2017, when Ether traded at about $19. That price put the 3,000 ETH at roughly $57,000.

At the time of the Kraken transfer, Ether was about $2,410, valuing the holding at approximately $7.23 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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