Ethereum ICO Participant Sells Significant ETH Holdings
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According to Lookonchain, an early Ethereum ICO participant has sold 19,000 ETH worth $47.54 million over the past two days. This participant originally acquired 150,000 ETH at the Genesis event with an initial cost of $46,500, which is now valued at approximately $358 million. This large sale could indicate a strategic move by the holder or potential market implications for Ethereum.
SourceLookonchain
@lookonchainLooking for smartmoney onchain