Early Ethereum ICO whale sells 1,500 ETH for $3.46M after nine years dormant
- —The investor spent $31,000 at the ICO to buy 100,000 ETH at $0.31
- —1,500 ETH worth $3.46 million sold in the first move in nine years
- —Remaining balance is 48,500 ETH, about $112.7 million at current prices
- —Lookonchain did not detail other transfers from the wallet
Why it matters: Early whale awakenings are often read as profit-taking signals and could add selling pressure on ETH.
Source: Koin Bülteni