Loading...
[Ethereum ICO Whale Nearing Liquidation, Deposited 23,000 ETH to Exchanges in the Past Week] On-chain analysis shows that an Ethereum ICO whale holding 254,900 ETH has reportedly sold 3,000 ETH worth $8.4 million within a week, nearing liquidation. The whale has cumulatively deposited 23,000 ETH to trading platforms, which, if fully sold, would yield $66.53 million in profit, with a cost basis of only $0.31 per ETH. Currently, only 69.83 ETH remains on-chain, approximately $195,000 in value.