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ETH ICO whale reactivates after a year, selling over 9,600 ETH for nearly $20 million in profit
Deep Tide TechFlow reports that on March 27, according to on-chain analyst Ai Yi (@ai_9684xtpa), an early address that participated in the ETH ICO in 2015 (0xd64…07ED7) has become active again. This address acquired 38,800 ETH at an approximate cost of $0.31 back then and has remained dormant for a long time.
Recently, this address transferred 18,500 ETH to address 0xBE4…a0c5F, and then sold 9,628.54 ETH on-chain at an average price of about $2,049, cashing out approximately $19.72 million. There are still remaining holdings that have not been disposed of.