Ethereum ICO Participant Sells $29.35 Million in ETH After Dormancy
- An Ethereum ICO participant sold 16,500 ETH for $29.35 million after years of inactivity.
- The sales occurred between April 17th and May 3rd, with an average price of $1,779 per ETH.
- The investor still holds 13,500 ETH valued at approximately $24.82 million.
- ETH’s current trading price is $1,830, marking a 4.8% decrease on the day.
An Ethereum ICO participant recently sold nearly $30 million worth of ETH after ending a long dormancy period. Despite the significant sales, the participant retains a substantial holding of Ethereum.
Source (2.6)https://dailyhodl.com/2025/05/05/ethereum-ico-participant-dumps-29350000-worth-of-eth-after-waking-up-from-dormancy-lookonchain/?rand=59076
