#ETH ICO Whale Offloads 76k Coins, Ethereum Price To Decline?

Ethereum price is in the spotlight and at risk of selloff as an ETH ICO whale has offloaded millions worth of the coin after years of HODLing

ETH ICO Whale Offloads 76k Coins, Ethereum Price To Decline?

Highlights

An Ethereum whale from the ICO has sold off their entire ETH stash

This selloff marks a vote of no confidence that has a huge impact on price

Ethereum remains in the spotlight amid developmental push from Vitalik Buterin

An ETH ICO investor who participated in the project’s 2015 Initial Coin Offering has sold off 76,000 units of the digital currency, fueling speculations of what it means for Ethereum price. . This selloff, after a decade of HODLing has raised concerns in the digital asset market about the sentiment among foundational ETH whales.