BREAKING: Ethereum ICO Whale Wakes Up After 10 Years!
A long-time Ethereum OG who purchased 100,000
$ETH at $0.31 in the 2014-2015 ICO just sold 1,000 ETH – 6 hours ago, according to Lookonchain.
The Numbers Are Insane:
🔹 Purchase: 100,000 ETH x $0.31 = ∼$31,000 in 2014 ICO
🔹 Recently Sold: 1,000 ETH = ∼$2.4 Million (at ∼$2,400)
🔹 Holding: ∼99,000 ETH = ∼$237 Million
🔹 Overall Gain: Over +774,193% – One of the biggest trades in crypto.
This wallet had been dormant for almost a decade. The on-chain data reveals that the funds were transferred to a Binance deposit address, which is a sign of profit-taking, not a panic.
This is one of several trends this month – several early
$ETH whales are taking profits as ETH is trading near $2,400 after a correction from $2,800.
What does it mean for
$ETH ?
OGs selling is normal. 1,000 ETH is negligible against the daily volume. But it proves that even diamond hands take profits after a 7,700x return.
Diamond hands win, but smart hands take profits.
#ETH #WhaleWatch #BinanceSquare