An Ethereum ICO whale sold 501 ETH again, still holding 2,410 ETH.
According to Lookonchain, an early investor who participated in the initial coin offering (ICO) of Ethereum sold another 501 ETH nine hours ago. He bought a total of 16,000 ETH through two wallets during the creation stage of Ethereum at a cost of $4,960, with an average price of about $0.31. Later in 2017, he bought 804 ETH at a price of $459 each through the exchange (the cost is $369,000).
He has sold 14,394 ETH since April 2021, cashing out about $50.11 million at an average selling price of $3,482 each. He still holds about 2,410 ETH, or about $5.85 million at current prices. Total profit was $55.6 million, a return of 149 times.