The Ethereum ICO genesis whale transferred 2,000 ETH! Make huge profit 5177 times
Coin Circle (120BTC.com): The Ethereum ICO (Initial Coin Offering) was held on July 22, 2014. At that time, the Ethereum Foundation raised a total of more than 6,200 Bitcoins (worth approximately US$23 million). Today’s price The price of one Ether coin (ETH), which was about $1,605, was only about $0.311 at the time.
If you could participate in the ICO at the time and resisted selling for a long time, the "Creation Whale" would have made amazing profits so far. For example, it was reported in July this year that an Ethereum genesis whale who had been dormant for eight years transferred 61,216 ETH to the Kraken exchange, with a market value of US$116 million (the price of ETH at that time was about US$1,900). If he had paid all By shipping, you will be able to earn a huge profit of 6,109 times.
Ethereum ICO Creation Whale “Transferred 2,000 ETH”
Earlier today (21st), another genesis whale address that had been dormant for 8.2 years showed activity. The on-chain data monitoring account Lookonchain tweeted that the ICO whale address starting with 0x6403 has been dormant for more than 3004 years. Tianhou transferred 500 ETH to each of 4 different addresses, and transferred a total of 2,000 ETH, which is currently worth approximately US$3.21 million.
He obtained these 2,000 ETH during the Ethereum ICO, and the total purchase price at that time was approximately US$620. Currently, this investment alone has brought him more than 5,177 times profit.
The ICO whale with the highest balance holds 250,000 ETH, with a profit of US$400 million
Another interesting data is that according to a report by the blockchain analysis platform Nansen last November, the balance of whale wallets participating in the Ethereum ICO has steadily declined since 2020. From January 2020 to November 2022, ETH The ETH balance of the Genesis Whale Wallet dropped from 4.11 million to 2.59 million, a decrease of 64%.
The report also pointed out that since the beginning of 2022, more than 41% of the ETH pre-mined supply, totaling more than 10 million ETH, has been sent to exchanges. It can be seen that in the last bull market, many whales participating in ICO chose to sell.
ETH ICO wallet balance continues to decline
In addition, the report also compiled the top ten ETH Genesis whale wallets with the highest balances. Among them, the 0x2b6 wallet ranked first with 250,000 ETH. Its current market value exceeds 401 million US dollars. The small investment at that time brought him more than 4 The floating profit of 100 million U.S. dollars (calculated at 1,600 U.S. dollars) is not only enviable by others, but also worthy of his amazing perseverance, which allowed him to remain unsold for such a long time.
