Whale Investor Sells 8,510 Ethereum: A Look into Long-Term Holdings from 2015 ICO

ETH

ETH/USDT

$1,972.59

-4.43%

$1,972.59

-4.43%

(24s)

24h Volume

$15,410,850,412.85

24h H/L

$2,099.36 / $1,966.24

Change: $133.12 (6.77%)

Long/Short

73.0%

Long: 73.0%Short: 27.0%

Funding Rate

-0.0068%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,972.80

▼ -4.83%

Volume (24h): -

Resistance Levels

Resistance 3$2,397.06

Resistance 2$2,113.36

Resistance 1$2,009.57

Price$1,972.80

Support 1$1,941.56

Support 2$1,832.88

Support 3$1,747.33

Pivot (PP):$2,010.79

Trend:Downtrend

RSI (14):44.1

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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