A participant from Ethereum’s 2014 initial coin offering (ICO) has sold another 3,000 Ether (ETH), cashing out over $7.6 million. This follows previous sales, including 10,000 ETH sold earlier in the year.
The whale, who initially acquired 254,908 ETH during the ICO, still holds around 37,000 ETH, valued at approximately $94 million. Despite the large sell-off, the latest sale hasn’t caused a significant drop in ETH’s price, unlike a previous sale in July that led to a 15% price dip.
Summary Review: An Ethereum ICO participant sold another 3,000 ETH for $7.6 million, following larger sales earlier in the year. The seller still holds around 37,000 ETH, worth $94 million. Despite the recent sale, there was no major impact on the Ethereum price.
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