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According to data from on-chain analyst Yu Jin, a significant Ethereum investor offloaded 8,510 ETH (valued at approximately $22.15 million) over the past 48 hours. This whale address originally acquired 150,000 ETH during the Ethereum Initial Coin Offering (ICO) in 2015, with an ICO price set at $0.311 per ETH. Despite the recent transactions, the address has liquidated just 23,510 ETH to date, retaining a substantial balance of 130,966 ETH, which equates to around $342 million by current market valuations.
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