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Early Ethereum ICO Investor Liquidates 2,300 ETH Worth $9.91M
Gate News bot message, An early Ethereum ICO participant has made another significant move in the cryptocurrency market. The investor, who initially acquired 20,000 ETH for $6,200 during Ethereum’s ICO phase (currently valued at $86.6 million), executed a sale of 2,300 ETH worth $9.91 million. Following this transaction, the participant’s remaining ETH balance stands at 1,623 ETH, equivalent to $6.99 million.
The transaction occurred shortly after the same participant had deposited 3,000 ETH ($6.2M) to a centralized exchange, as reported by Lookonchain on November 29, 2023.