Early Ethereum Whale Sells 4,000 $ETH Worth $9.7M

On June 25, LookOnChain reported that an Ethereum ICO-era address (starting with 0xe927) sold 4,000 $ETH within the past hour, totaling $9.7 million in value.

ICO History:

Acquired 100,000 $ETH TH for just $31,000 during Ethereum’s initial offering

Current total value: ~$243 million

Despite the sell-off, the wallet still holds a massive ETH position, showing just how powerful early adoption can be.