A name who participated in the ICO of Ethereum, the biggest altcoin, in 2015 started depositing some of them to exchanges.
According to the blockchain analysis platform Spot On Chain, an unidentified wallet sold a total of 2,000 Ethereum for a total of $6 million USDC at $2,997 per unit in the night hours.
It was revealed that this wallet had bought a total of 33,213 Ethereum at the ICO price of $0.31 on July 30, 2015.
The transaction movements show that the whale deposited a total of 5,110 Ethereum to exchanges at an average of $2,545 per unit and may have sold them.
Spot On Chain noted that the whale still holds approximately 29,700 Ethereum in 3 different wallets, most of which are on staking platforms.
