According to Spot On Chain monitoring, a certain Ethereum ICO participant deposited 1069 ETHs ($3.56 million) into Kraken at an average price of $3329 after a year of dormancy. The whale received 12566 ETH at Ethereum Genesis in July 2015, with an ETH ICO price of approximately $0.31. Then in 2017, ETH was dispersed into 12 wallets, of which 4847 ETH were deposited into Kraken and Gemini at an average price of $1637. At present, the whale still holds 7719 ETHs ($25.7 million) out of 8 wallets.