When ICO Titans Cash Out: Two Ethereum OGs Team Up for a $4.1M Sell-Off

In a rare synchronized move, two of #Ethereum ’s earliest and most legendary whales just made headlines again — this time, by offloading a combined $4.1 million in $ETH to centralized exchanges.

First up: the “1 Million ETH ICO Whale”, wallet 0xC8d6C156c13AC68ADA3f03B80fc201ae4867A57d, deposited 959.69 ETH to OKX about 5 hours ago, worth $2.54 million. Despite the move, he’s still sitting on a hefty 50,704 ETH stash — roughly $132 million — all acquired at an insanely low $0.31 per ETH.

Just two hours later, another OG moved in: the “100K #ETH 2015 ICO Whale”, wallet 0x0bEC656cF316566555A7718571a2e7c19450ECDf, sent 587 ETH (worth $1.56 million) to Kraken. Since March 13, 2025, this address has sold 14,398 ETH for around $28.47 million, averaging a sale price of $1,977.

These strategic sells from early Ethereum investors are a sharp reminder: when the real old money moves, the market listens.