ETH ICO Whale on the Move Again: Another Sell-Off Begins

The legendary “1 Million $ETH ICO Whale” has resumed selling — and the numbers are massive.

Just 8 hours ago, this wallet recharged 956.7 ETH (worth $2.53M) to #OKX, raising fresh sell-off alarms.

Details:

Wallet: 0xC8d6C156c13AC68ADA3f03B80fc201ae4867A57d

Cost basis: ~$0.31 per ETH

Still holding: 51,663 ETH (~$140M)

Received 24,000 ETH just 3 days ago

After unloading 13,810 #ETH since March for ~$26.7M profit, this OG whale isn’t done yet. Is another wave of downward pressure coming for ETH?