Dormant Whale Moves 9,618 Ether Worth $24.6 Million to Kraken After Nine Years

A dormant cryptocurrency whale wallet associated with the ENS domain pinosaur.eth has transferred 9,618 Ether, valued at roughly $24.58 million to $24.6 million, to the Kraken exchange after nine years of inactivity. The wallet originally accumulated a major portion of the tokens in April 2017 via a 7,459 ETH withdrawal from Bitfinex when Ether traded near $50 per token. The transfer represents an estimated profit of $24.21 million, yielding an approximate 65-fold return. While large exchange inflows often indicate potential selling intent, on-chain data has not confirmed an immediate sale.