Cryptocurrency enthusiasts are abuzz with speculation after Ethereum creator Vitalik Buterin and the Ethereum Foundation moved a staggering 15K ETH to the Kraken exchange. With whispers of an impending ETH crash, investors are keeping a watchful eye on the market dynamics.

Vitalik’s Mysterious Transactions

Vitalik Buterin’s address, vitalik.eth, has sent 200 ETH to the Kraken exchange, as reported by PeckShieldAlert. A closer look at Etherscan data reveals that this is not the first time such a transfer has occurred, with five similar transactions in the last two months. What’s more, the Ethereum Foundation followed suit by transferring 15K ETH to Kraken, raising eyebrows and sparking fear, uncertainty, and doubt (FUD) among the crypto community.

Can History Repeat Itself?

The last time the Ethereum Foundation made a sizable transfer of 20,000 ETH to Kraken was on November 12, 2021. At that time, ETH price plummeted by 40% within two months after cashing out near its all-time high. Now, as the crypto world braces for a potential ETH price crash and the possibility of meme coins taking a hit, all eyes are on the Ethereum Foundation and Vitalik Buterin’s next moves.