Whale Deposits 5,900 ETH to Kraken, Recording $9.8 Million Loss

Whale Deposits 5,900 ETH to Kraken, Recording $9.8 Million Loss

N
News Editor
2026-06-20 00:45:38
Onchain Lens monitoring shows that a whale deposited 5,900 ETH, valued at about $10.03 million, into Kraken and recorded a $9.8 million loss. The whale previously withdrew 22,951 ETH from Kraken and still holds 17,051 ETH.
WhaleEthereumKrakenOn-chain MonitoringOnchain Lens

According to monitoring by Onchain Lens, a whale address deposited 5,900 ETH into the cryptocurrency exchange Kraken. The transfer was valued at approximately $10.03 million at the time referenced in the Odaily report, and the transaction was described as carrying a loss of $9.8 million.

The address still holds 17,051 ETH

The same whale had previously withdrawn 22,951 ETH from Kraken, with that withdrawal valued at $48.95 million. After the latest deposit of 5,900 ETH back to Kraken, the address still holds 17,051 ETH, currently valued at about $29.11 million based on the figures cited in the report.

The disclosed on-chain data centers on ETH movements between the whale address and Kraken. The key figures include the amount deposited, the dollar value of that deposit, the stated loss, the earlier withdrawal amount, and the remaining balance held by the address. The monitoring information reflects asset movement at the wallet level, while no additional details about subsequent handling of the ETH were provided in the original item.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.