According to EmberCN, an Ethereum ICO whale transferred 5,000 ETH within two hours, including 1,500 ETH worth approximately $3.45M to centralized exchanges. The whale acquired 100,000 ETH in 2015 at $0.311 each, costing approximately $31K, and sold 50,000 ETH in 2016 at $5.47 each for approximately $274K. The remaining 50,000 ETH had been held until these transfers began.
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Ethereum ICO Whale Moves 5,000 ETH After Holding for Around 11 Years, Sends 1,500 ETH to Exchanges
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