Ethereum Whale Dumps Millions in ETH An early Ethereum investor, identified by the address monitored by on-chain analyst ai_9684xtpa, has sold a significant portion of their ETH holdings. The whale offloaded 8,576 ETH, valued at approximately $37.02 million, in a rapid two-hour period. Early Ethereum Foundation Connection Notably, this address received 20,756 ETH directly from the Ethereum Foundation a decade ago, acquired at an average price of just $0.875. This substantial early investment highlights the potential gains made by early adopters of the Ethereum network. Current Holdings Despite the significant sale, the address still retains 12,09 ETH, suggesting continued belief in the long-term potential of Ethereum. This activity is being closely watched by the crypto community, as large sales can sometimes impact market sentiment. While the reasons for the sale remain unknown, it serves as a reminder of the influence early investors can have on the Ethereum ecosystem. ```