According to EmberCN, Cosmos Network developers have moved 295.3 BTC, valued at $27.7 million, from their 2017 ICO holdings for the first time in nearly two years. Throughout this year, they have transferred or sold a total of 21,600 ETH and 295.3 BTC, amounting to $78.67 million. They still retain 96.4 BTC and 17,188 ETH from the 2017 ICO, valued at $67 million.