Early investor sold $22M in ETH at a two-year low

One of the early investors $ETH Ethereum, who bought ETH for ~$8 in 2016, dumped 14,015 $ETH for $22 million through Uniswap when the coin's price fell to $1412 — a two-year low.

The sale took place over 15 hours amid market panic. This is not the first time — previously, he took profits during dips in 2022 and 2023. Now, he has 521 $ETH left in his wallet (~$830K).

Sells only during dips…