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

ETH

ETH/USDT

$1,802.88

+1.31%

$1,802.88

+1.31%

(24s)

24h Volume

$9,306,416,150.23

24h H/L

$1,803.25 / $1,750.20

Change: $53.05 (3.03%)

Long/Short

63.0%

Long: 63.0%Short: 37.0%

Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,797.00

▲ 1.14%

Volume (24h): -

Resistance Levels

Resistance 3$1,985.30

Resistance 2$1,927.55

Resistance 1$1,830.66

Price$1,797.00

Support 1$1,756.55

Support 2$1,680.09

Support 3$1,520.22

Pivot (PP):$1,790.97

Trend:Sideways

RSI (14):56.4

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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