Ethereum co-founder Jeffrey Wilcke is suspected of selling nearly 80,000 ETH, worth $157 million.

CoinFeed reported on March 7th that, according to on-chain analyst Ai Yi, ETH co-founder Jeffrey Wilcke appears to have sold 79,258.61 ETH, worth $157 million. His address, after a seven-month hiatus, became active again, transferring a large amount of ETH to Kraken through four addresses five minutes ago; he currently holds 27,421.73 ETH on-chain, with a total value of $54.37 million.