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The ancient whale address, which hoarded nearly 400000 ETH at an average price of $6, sold about 73300 ETH in nearly half a month

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BlockBeats News: On November 22, according to Lookonchain monitoring, a whale address accumulated 398889 ETH (worth $2.4 million at the time) between January 18 and March 10, 2016, with an average price of only $6. After more than 8 years of dormancy, the whale address was reactivated and began selling on November 7th. So far, 73356 ETH (approximately $224 million) have been sold, with 325533 ETH (approximately $1.1 billion) remaining.

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