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Anh_ba_Cong
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Satoshi-Era Whale Liquidates Almost All ETH Holdings After Brief Pause
An ancient Ethereum whale, who acquired a significant stash of ETH during the initial coin offering (ICO), has resumed selling, nearly liquidating their entire remaining balance. On-chain analysts tracked the movement of this "Ancient Whale," which originally held 254,900 ETH from the ICO.
After a one-week hiatus, the whale transferred an additional 3,000 ETH, valued at $8.4 million, to exchanges. Over the past week, this original investor has deposited a total of 23,000 ETH onto exchanges. If all these tokens were sold, the whale would realize a substantial profit of approximately $66.53 million, given their extraordinarily low acquisition cost of just $0.31 per ETH. Following this latest sale, the address holds a mere 69.83 ETH, valued at about $195,000, marking the near-complete dissolution of a historic position. $ETH
An ancient Ethereum whale, who acquired a significant stash of ETH during the initial coin offering (ICO), has resumed selling, nearly liquidating their entire remaining balance. On-chain analysts tracked the movement of this "Ancient Whale," which originally held 254,900 ETH from the ICO.
After a one-week hiatus, the whale transferred an additional 3,000 ETH, valued at $8.4 million, to exchanges. Over the past week, this original investor has deposited a total of 23,000 ETH onto exchanges. If all these tokens were sold, the whale would realize a substantial profit of approximately $66.53 million, given their extraordinarily low acquisition cost of just $0.31 per ETH. Following this latest sale, the address holds a mere 69.83 ETH, valued at about $195,000, marking the near-complete dissolution of a historic position. $ETH
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