[ETH ICO participant sold 23,000 ETH within a week, on-chain balance down to only 69.83 ETH] On-chain analysis shows that address 0x2Eb...7B15 sold another 3,000 ETH within a week, worth $8.4 million. This address belongs to an ETH ICO participant, with a cost basis of $0.31 per ETH. A total of 23,000 ETH has been deposited to exchanges, and if fully sold, would yield a profit of $66.53 million. Currently, the on-chain balance of this address is only 69.83 ETH, worth approximately $195,000.
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