Early Ethereum Holder Sells $36.3M in ETH for 8,750x Return
- —Sale totaled about $36.34 million in ETH
- —Entry at $0.31 per coin produced an 8,750x return
- —That equals roughly 875,000% in percentage terms
- —The size suggests a large early position, not leftover dust
Why it matters: Old coins moving to market add supply and raise the question of whether other early wallets will start distributing.
Source: DailyCoin