One of Ethereum’s early holders, reportedly linked to the Ethereum Foundation, has become active again after a year without movement.
The wallet has sold 7,594 $ETH worth around $17.79 million.
What makes this story interesting is the history behind the holdings. During Ethereum’s ICO, this OG reportedly bought 200,000 ETH for just $61,000, at an average price of $0.31 per ETH. The wallet also received another 42,654 ETH from the Ethereum Foundation when ETH was trading around $13.82.
Now, years later, a portion of those holdings has been sold for millions. It’s a reminder of just how much #Ethereum ’s value has changed since its earliest days. The reason behind this latest sale, however, remains unclear.
Addresses:
0xa0e239b0ABf4582366AdaFF486EE268C848c4409
0xcA92BC1ff0c0681a1dac4BaaF79CD489Baf9710a
The wallet has sold 7,594 $ETH worth around $17.79 million.
What makes this story interesting is the history behind the holdings. During Ethereum’s ICO, this OG reportedly bought 200,000 ETH for just $61,000, at an average price of $0.31 per ETH. The wallet also received another 42,654 ETH from the Ethereum Foundation when ETH was trading around $13.82.
Now, years later, a portion of those holdings has been sold for millions. It’s a reminder of just how much #Ethereum ’s value has changed since its earliest days. The reason behind this latest sale, however, remains unclear.
Addresses:
0xa0e239b0ABf4582366AdaFF486EE268C848c4409
0xcA92BC1ff0c0681a1dac4BaaF79CD489Baf9710a
