Ethereum co-founder Jeffrey Wilcke transferred 1,500 ETH ($6 million) to Kraken, sparking speculation of potential sales. Wilcke previously deposited $262 million worth of ETH to Kraken, but intentions remain unclear. Despite market downturn, Ether whales bought 406,000 ETH ($1.6 billion) in two days from various sources. Whales previously bought 260,000 ETH ($1.14 billion) in August.

Read more at Cointelegraph: Ethereum Co-Founder Moved $6M of ETH; Whales Bought $1.6B In 2 Days