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It’s been confirmed that the mysterious 90,000 ETH sent to Kraken on Christmas Day was an Ethereum co-founder looking to quietly cash out.

We now can say for sure that it was an Ethereum co-founder who tried to slyly sell off his ETH stash during the holiday.

Yesterday, on Christmas day, over 204,000 ETH was moved to various exchanges in a mysterious transfer that was linked to Vitalik Buterin himself. Many were speculating that the ETH was either owned by Buterin or by an Ethereum developer. From this stash, 90,000 ETH was sent to Kraken which has now been linked to an Ethereum co-founder.

The identity of the mysterious transferer was none other than Ethereum co-founder, Jeff Wilcke. Around 90,000 ETH ($11M) owned by Wilcke was sent to Kraken. The transfer would have been left anonymous had it not been for the fact that Wilcke signed up for Ethereum Name Service (ENS) two years ago. It’s currently unclear who was behind the other Ethereum transfers on Christmas Day, however.

Embarrassed, Wilcke took to Twitter to confirm that it was him. He apparently needed the money to fund his ‘game.’ Although the tweet is now deleted, it was captured in a screenshot.

You are right. Nothing goes unnoticed, @jeffehh.

Given that you were awarded so much $ETH, you should use that money to help Ethereum. pic.twitter.com/OARA4etUn1

— Richard (@ricburton) December 26, 2019

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