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Ethereum Whale Sells 18000 ETH Rapidly

Ethereum ICO Participant Sells 18,000 ETH in Two Weeks

  • An Ethereum ICO participant sold 18,000 ETH over two weeks.
  • The selling spree began on April 17th and included a sale of 1,500 ETH on May 4th.
  • The average price per Ether during this period was $1,779.
  • The participant’s wallet still holds approximately 13,500 ETH worth around $25 million.
  • Ethereum’s price remains stable near $1,815 despite these sales.

This significant activity by a previously dormant Ethereum ICO participant involved the liquidation of 18,000 ETH since April 17th, with remaining holdings valued at about $25 million. Ethereum’s market price has shown resilience amid these transactions.

Source (2.6)https://hodl.press/ethereum-ico-participant-sells-18000-eth-in-two-weeks/?rand=24434
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