Ethereum co-founder Jeffrey Wilcke has once again transferred 20,000 ETH to CEX. By 2024, he will have cashed out a total of $148 million USD

Spot On Chain monitoring shows that during today's strong Ethereum price rebound, Jeffrey Wilcke, co-founder of Ethereum, transferred 20,000 ETH (approximately $72.5 million) into CEX. This is Wilcke's fourth transfer sale within 2024, with a total of 44,300 ETH sold and cashed out for an amount reaching $148 million at an average selling price of about $3342.

Despite continuous reduction in holdings, Wilcke currently still holds approximately 106 thousand ETH valued around $384 million based on the current market value.