Ethereum Investor Sells 664 ETH Worth $1.03 Million While Retaining 30,821 ETH Holdings

In a significant development on April 11th, COINOTAG News reported that an early investor in an **Ethereum** ICO has transferred **664 ETH**, roughly valued at **$1.03 million**, to **Kraken**. This transaction marks a deliberate strategy of divestment by the investor, who still retains a substantial holding of **30,821 ETH**, equivalent to approximately **$47.6 million** across three separate wallets. It is noteworthy that this investor initially acquired **100,000 ETH** for a mere **$31,000** during the ICO phase. The transfer signals a potential shift in market dynamics, as high-profile sell-offs can impact market sentiment and prices. Investors should remain vigilant and monitor similar patterns to gauge the evolving landscape of **cryptocurrency** investments, ensuring informed decision-making in this volatile sector.