Ethereum ICO Whale Sells 356,600 ETH Worth $892M Over Past Year, Retains 24,619 ETH

On July 1st, on-chain analyst Ai Yi (@ai_9684xtpa) revealed that the prominent Ethereum ICO whale has divested approximately 356,600 ETH over the last twelve months. This divestment equates to nearly $892 million in realized value, with an average transaction price of around $2,501 per ETH. Notably, the initial acquisition cost for this holding was as low as $0.31, highlighting significant capital gains. Most recently, this whale executed an on-chain sale of 1,000 ETH, reducing their current balance to 24,619 ETH. These movements underscore the ongoing strategic asset management by major Ethereum holders, reflecting broader market liquidity trends and investor behavior within the crypto ecosystem.