$ETH H An #AmericanBitcoinLaunch Ethereum ICO OG just made a monster move! 15 hours ago, they shipped 5,000 $ETH—worth $9.22M—to a #CumberlandDRW #FTXrepayment land forwarder address.
Over the past 22 days, this wallet’s been busy, moving 6,890 $ETH ($12.55M) after sitting dormant for 6 years. They’re still sitting on a hefty 34,000 ETH ($62.45M). Back in the ICO days, they threw in just $3,110 at $0.311 per $ETH—talk about a jackpot! The wallet also got a sweet 84,513 $ETH ($101.7K) drop from the #Ethereum Foundation.
Addresses in play:
Wallet: 0xddbd2b932c763ba5b1b7ae3b362eac3e8d40121a
Foundation: 0x1a56a50c378d21d0aa544ed9a482300c7f6e78ec
Is this whale cashing out a fortune or setting up for a bigger splash? What’s your read on their next step?