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Regulatory forced Kraken exits make up the majority of ETH principal withdrawals

Data via

Roughly, 64% of all Ethereum principal withdrawals have come from Kraken — amounting to almost 500,000 ETH.

James Van Straten

Apr. 26, 2023 at 12:00 pm UTC

1 min read

Updated: Apr. 26, 2023 at 11:46 am UTC

Ethereum ETH (24h)

$2,982.93 -0.2%

Vol: $8B MCap: $360.02B

Ethereum is an open source smart contract platform and decentralized network that underpins a large share of the global crypto economy.

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Kraken

Crypto Exchange • North America

Kraken is a U.S.-based cryptocurrency exchange operated by Payward, Inc.

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Nansen

Analytics • Asia

Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels.

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