$BTC
Breaking news!
Cosmos developers sell off a large amount of $ETH !
Seven-year investment return doubled!
On-chain analysts broke the latest news! Just 27 hours ago, Interchain Foundation, the promoter of Cosmos, quietly sold 4,000 ETH, which was raised during the ICO in April 2017. The value at that time has now soared to 9.5 million US dollars! What's more shocking is that since the end of April this year, in just over 5 months, they have sold a total of 15,100 ETH, with a total value of up to 37.09 million US dollars!
Looking back, Cosmos successfully raised about 17 million US dollars in the ICO in 2017, including 4882.7 BTC and 246,891 ETH. And in the past seven years, their investment strategy has obviously been a huge success. So far, they have sold 4,499 BTC and 223,305 ETH, which is as high as $132.2 million in cash!
So, how many treasures do they still hold? The answer is: 383.8 BTC and 23,587 ETH! These unsold tokens are worth an astonishing $80.86 million at the current market price! This means that the $17 million raised by Cosmos has now snowballed into $213.1 million! Such a return on investment is simply jaw-dropping!
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