Ethereum Whale Allegedly Sells 20,000 ETH for $58M at $0.31, Still Holds 3,070 ETH On-Chain, Ai Auntie Says
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According to on-chain analyst Ai Auntie, an address nicknamed “Ancient Whale of the ETH ICO 25.49 Million” reportedly moved 20,000 ETH after an eight‑month hold, valuing about $58.14 million at current prices, with a cost basis as low as $0.31 per token. The note highlights how on-chain analytics shape investor perception.
About ten hours later, the same wallet allegedly deposited 20,000 ETH into FalcoinX at $2,906.79 per ETH; the last exchange transfer occurred when the price was around $1,452.04. Such movements reflect token custody decisions rather than overarching market signals.
On-chain data show the wallet still holds 3,070 ETH, roughly $9.07 million, signaling a sizable remaining stake. Ongoing transfers will be watched for implications on Ethereum liquidity and exchange flows.