Onchain Lens reports Jeffrey Wilcke deposited 79,859 ETH (≈$158.31M) to Kraken in the past 24 hours; his known wallet now holds 16,037 ETH (≈$31.66M). Wilcke — who has regularly sold early‑allocated ETH and moved over $500M worth to Kraken in prior years (e.g., 105,736 ETH last May) — appears to be continuing liquidations as ETH trades below $2,000. Other Ethereum co‑founders have also been liquidating portions of their holdings in early 2026.

Onchain Lens confirmed a 79,859 ETH (~$158.31M) deposit to Kraken and the wallet now holds 16,037 ETH; Wilcke has a track record of routing large early‑allocations to Kraken (over $500M historically) and the move occurs while ETH trades below $2,000 and other co‑founders are liquidating — facts that point to increased near‑term selling pressure.