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The whale who transferred 60,000 ETH to Coinbase this morning is suspected to be Andrew Keys, co-founder of DARMA Capital. - CoinFeed
Time 01:52

The whale who transferred 60,000 ETH to Coinbase this morning is suspected to be Andrew Keys, co-founder of DARMA Capital.

April 7, 2026
CoinFeed News

CoinFeed reported on April 7th that, according to Ember, 60,000 ETH (worth approximately $129 million) redeemed from Ethereum staking in the past two days were transferred to Coinbase three hours ago. These ETH belonged to @AK_EtherMachine, co-founder of Darma Capital, and had been staked for nearly five years. Back in May 2021, an address identified as Andrew Keys deposited 90,000 ETH into Ethereum staking. Recently, these ETH were redeemed in large quantities and consolidated before being transferred to Coinbase. During this period of staking, these ETH earned approximately 18% in coin-denominated returns over nearly five years (approximately 16,000 ETH, worth approximately $34.2 million). Previously, it was reported that a whale transferred 60,000 ETH, worth approximately $128.8 million, to Coinbase within four hours.

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