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Ethereum ICO Whale Transfers Final Holdings to CEX
According to BlockBeats On-chain Detection, an on-chain analyst has reported that a whale or institution, which participated in the Ethereum ICO in 2015, has recently transferred its remaining 10,195 ETH, valued at $25.6 million, to a centralized exchange (CEX). This transfer occurred within the past hour.
The entity initially acquired 50,000 ETH during the ICO at a price of $0.311 per ETH, amounting to a total investment of $15,000. Over the past eight years, these ETH holdings have been gradually moved to the CEX at an average price of $1,555 per ETH, resulting in a total value of $77.76 million. This represents a comprehensive return of 5,000 times the original investment.
The entity initially acquired 50,000 ETH during the ICO at a price of $0.311 per ETH, amounting to a total investment of $15,000. Over the past eight years, these ETH holdings have been gradually moved to the CEX at an average price of $1,555 per ETH, resulting in a total value of $77.76 million. This represents a comprehensive return of 5,000 times the original investment.
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